Etsy (ETSY) Reports Q1 Loss of $0.84/Share

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Buy Etsy (ETSY) on Pullback, Brean Capital Says

May 20, 2015 7:50 AM EDT

Brean Capital analyst Tom Forte reiterated a Buy rating and $23 price target on Etsy (NASDAQ: ETSY) following the 16.6% sell-off in the stock following the company's first quarterly report as a public company. White operating performance was not great in hte qarter, the analyst would use weakness as a buying opportunity.

Forte commented, "Etsy operates a global e-commerce marketplace for unique merchandise (including... More