Etsy shares are trading lower after Morgan Stanley downgraded the stock from Equal-Weight to Underweight.
Portfolio Pulse from Benzinga Newsdesk
Etsy's stock is trading lower following a downgrade by Morgan Stanley from Equal-Weight to Underweight.

April 18, 2024 | 1:09 pm
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Etsy's stock price has decreased following a downgrade by Morgan Stanley.
Analyst ratings, especially downgrades from major financial institutions like Morgan Stanley, can significantly impact investor sentiment and stock prices in the short term. The downgrade from Equal-Weight to Underweight suggests a bearish outlook on Etsy's stock, likely leading to a decrease in its price as investors adjust their positions based on this new analysis.
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