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Fly News Breaks for June 18, 2018
ETSY
Jun 18, 2018 | 14:41 EDT
Loop Capital analyst Laura Champine raised her price target on shares of Etsy to $50 from $37 after meeting with the company's CEO and CFO, stating that she believes the company has given conservative guidance for revenue and margin expansion after enacting the first price increase in its history. Champine, who thinks management is taking a cautious approach as it waits to see possible changes in seller behavior, maintains a Buy rating on Etsy.
News For ETSY From the Last 2 Days
