Guggenheim Maintains Buy on Etsy, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Steven Forbes has reaffirmed a Buy rating on Etsy (NASDAQ:ETSY) and increased the price target from $75 to $95.
December 15, 2023 | 5:59 pm
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POSITIVE IMPACT
Guggenheim analyst Steven Forbes maintains a Buy rating on Etsy and raises the price target to $95, indicating a positive outlook on the stock.
The increase in price target by Guggenheim reflects a positive assessment of Etsy's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100