Wells Fargo Maintains Underweight on Etsy, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski has maintained an Underweight rating on Etsy and lowered the price target from $58 to $47.
October 03, 2024 | 5:10 pm
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Wells Fargo has maintained an Underweight rating on Etsy and reduced the price target from $58 to $47, indicating a bearish outlook.
The Underweight rating suggests that Wells Fargo expects Etsy to underperform relative to the market. The lowered price target from $58 to $47 indicates a negative outlook on the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100