UBS Maintains Neutral on Etsy, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kunal Madhukar has maintained a Neutral rating on Etsy (NASDAQ:ETSY) and increased the price target from $70 to $75.
January 09, 2024 | 3:42 pm
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UBS analyst Kunal Madhukar has reaffirmed a Neutral rating on Etsy and raised the price target to $75, indicating a potential upside from the previous target.
The increase in price target by UBS reflects a positive outlook on Etsy's valuation, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100