UBS raises Etsy price target to $110 from $94
Bullish analyst revision, with the recent price decline leaving room for the target view to be relevant.
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Bullish analyst revision, with the recent price decline leaving room for the target view to be relevant.
What happened, with direct paths to the underlying reporting
UBS increased its ETSY target by about 17% to $110, approximately 19% above the cited $92.35 price. The sizable target revision and subsequent negative price change support a bullish view, with the caveat that analyst targets are opinions.
Target: $110
Posted price: $92.35
Analyst firm: UBS
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