B of A Securities Maintains Neutral on Etsy, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Etsy but lowered its price target from $61 to $58.

October 24, 2024 | 12:17 pm
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B of A Securities has maintained a Neutral rating on Etsy and reduced its price target from $61 to $58, indicating a slightly less optimistic outlook.
The lowering of the price target by B of A Securities suggests a less optimistic view on Etsy's short-term performance, which could lead to a negative impact on its stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced target may influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100