Needham Reinstates Buy on Etsy, Announces $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reinstated a Buy rating on Etsy with a price target of $60.
October 23, 2024 | 10:58 am
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POSITIVE IMPACT
Needham analyst Bernie McTernan has reinstated a Buy rating on Etsy, setting a price target of $60. This suggests a positive outlook for Etsy's stock in the short term.
The reinstatement of a Buy rating and a specific price target of $60 by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100