Goldman Sachs Upgrades Etsy (ETSY) to Buy

Goldman Sachs analyst Heath Terry upgraded Etsy (NASDAQ: ETSY) from Neutral to Buy with a price target of $54.00 (from $46.00).

The analyst expects reinvestment to drive upside growth for the company to the tune of nearly $70mmillion in incremental revenues in 2019.

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 $46.03 yesterday.

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