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Etsy Is 'Caught Between Maintaining Margins And Spurring Growth,' 6 Analysts Dive Into Q1 Results

Benzinga ·  May 2 12:03

Shares ofEtsy Inc(NASDAQ:ETSY) tanked in early trading on Thursday, after the company reported downbeat results for its first quarter.

Here are some key analyst takeaways from the release.

  • Goldman Sachs analyst Eric Sheridan maintained a Neutral rating, while reducing the price target from $80 to $70.
  • Truist Securities analyst Youssef Squali reaffirmed a Buy rating, while cutting the price target from $85 to $75.
  • Wedbush analyst Seth Basham reiterated a Neutral rating, while slashing the price target from $70 to $65.
  • Oppenheimer analyst Jason Helfstein maintained an Outperform rating, while cutting the price target from $80 to $75.
  • Needham analyst Anna Andreeva reaffirmed a Buy...
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