Barclays Maintains Equal-Weight on Etsy, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young has maintained an Equal-Weight rating on Etsy (NASDAQ:ETSY) but has lowered the price target from $60 to $55.
October 31, 2024 | 5:32 pm
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Barclays has maintained its Equal-Weight rating on Etsy but reduced the price target from $60 to $55, indicating a more cautious outlook.
The reduction in price target from $60 to $55 by Barclays suggests a less optimistic view on Etsy's short-term performance, which could lead to a negative impact on the stock price.
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