Raymond James Maintains Outperform on Etsy, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Rick Patel has maintained an Outperform rating on Etsy (NASDAQ:ETSY) and increased the price target from $70 to $90.
December 14, 2023 | 1:08 pm
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POSITIVE IMPACT
Etsy's Outperform rating is maintained by Raymond James, with a raised price target from $70 to $90, indicating a positive outlook on the stock.
The increase in price target by Raymond James reflects a bullish sentiment on Etsy's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price as the market reacts to the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100