Canaccord raises ETSY price target to $105
Bullish, with two same-day target increases supporting the direction; the signal remains analyst opinion rather than a change in company fundamentals.
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Bullish, with two same-day target increases supporting the direction; the signal remains analyst opinion rather than a change in company fundamentals.
What happened, with direct paths to the underlying reporting
Canaccord raised its Etsy target to $105 from a posted price of $92.35, implying about 14% upside. Jefferies also raised its Etsy target to $100 from $90 in a separate update the same day, providing additional positive analyst direction.
Target: $105
Posted price: $92.35
Analyst firm: Canaccord Genuity
Analyst: Maria Ripps
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