Etsy (ETSY) call put ratio 2 calls to 1 put as share price up 8.3%

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Go back to Etsy (ETSY) call put ratio 2 calls to 1 put as share price up 8.3%

Etsy (ETSY) Shares +7% on White House De Minimis Exemption, BofA Out Saying 'Could ease ad pressures from Chinese competitors, Good for platform'

September 13, 2024 2:16 PM EDT

BofA Securities analyst Curtis Nagle reiterated a Neutral rating and $61.00 price target on Etsy (NASDAQ: ETSY).

The analyst comments "We believe the largest benefit to Etsy from the reported rule changes would come from reduced advertising costs, with Etsy referencing in 3Q23 that Chinese competitors were driving up the cost of performance marketing. Similarweb data suggests... More