Wells Fargo Maintains Underweight on Etsy, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski maintains an Underweight rating on Etsy (NASDAQ:ETSY) and lowers the price target from $62 to $60.

April 04, 2024 | 1:09 pm
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Wells Fargo analyst Ken Gawrelski maintains an Underweight rating on Etsy and lowers the price target from $62 to $60.
The reduction in price target by Wells Fargo, accompanied by an Underweight rating, suggests a cautious or negative outlook on Etsy's stock in the short term. This could lead to a decrease in investor confidence and potentially lower stock prices.
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