Deutsche Bank analyst Lee Horowitz raised the firm’s price target on Etsy to $115 from $95 and keeps a Hold rating on the shares ahead of the Q4 results. Since October, credit card data, consumer confidence indicators, holiday e-commerce spending data points, and U.S. e-commerce data have all proved more resilient than initially feared, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on ETSY:
- Etsy Stock (NASDAQ:ETSY): Unattractive Growth Trajectory Limits Upside Potential
- Etsy appoints Colin Stretch as Chief Legal Officer and Corporate Secretary
- Needham consumer E-commerce analyst to hold analyst/industry conference call
- Etsy price target raised to $150 from $125 at Oppenheimer
- Etsy price target raised to $140 from $120 at JMP Securities