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BTIG Upgrades Etsy (ETSY) to Buy

July 25, 2019 6:00 AM EDT
Get Alerts ETSY Hot Sheet
Price: $68.45 +3.01%

Rating Summary:
    18 Buy, 15 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 10 | New: 13
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BTIG analyst Marvin Fong upgraded Etsy (NASDAQ: ETSY) from Neutral to Buy with a price target of $79.00.

  • Likes the free shipping initiative potential to boost GMS.
  • Says Reverb acquisition ought to aid shareholders.
  • Likes positive Q2 trends.
  • Says rates are declining.
  • Is more optimistic due to higher ceiling.

For an analyst ratings summary and ratings history on Etsy click here. For more ratings news on Etsy click here.

Shares of Etsy closed at $68.58 yesterday.



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