Wedbush Assumes Etsy (ETSY) at Neutral
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
Wedbush assumes coverage on Etsy (NASDAQ: ETSY) with a Neutral rating and a price target of $15.00 (from $13.00).
Analyst Aaron Turner commented, "We expect Etsy to grow above an accelerating ecommerce market for a few more quarters as its seller services penetrate the installed base. We believe the company’s current valuation reflects this growth outlook and remain NEUTRAL pending a better entry point and/or introduction of additional high-impact seller services."
Shares of Etsy closed at $15.11 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alibaba (BABA) PT Raised to $148 at Deutsche Bank
- Baird Starts Reata Pharmaceuticals (RETA) at Outperform
- American International Group (AIG) PT Lowered to $69 at UBS
Create E-mail Alert Related CategoriesAnalyst Comments, New Coverage
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!