Etsy (NASDAQ:ETSY) had its target price cut by analysts at Truist Securities from $224.00 to $215.00 in a report released on Thursday, Stock Target Advisor reports. Truist Securities’ target price would indicate a potential upside of 36.35% from the company’s current price.
A number of other equities research analysts have also recently commented on ETSY. KeyCorp increased their target price on shares of Etsy from $180.00 to $235.00 and gave the company an “overweight” rating in a research report on Friday, January 22nd. Jefferies Financial Group upped their price target on shares of Etsy from $205.00 to $245.00 and gave the company a “buy” rating in a research report on Tuesday, January 26th. Stifel Nicolaus reaffirmed a “hold” rating and set a $170.00 price target on shares of Etsy in a research note on Sunday, February 7th. Canaccord Genuity lifted their price objective on shares of Etsy from $215.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, March 4th. Finally, Evercore ISI started coverage on shares of Etsy in a research note on Tuesday, April 13th. They set an “outperform” rating and a $265.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and seventeen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $205.54.
NASDAQ ETSY traded down $26.89 on Thursday, hitting $157.68….