Loop Capital analyst Laura Champine raised her price target on Etsy to $65 and kept her Buy rating after traveling with its management, saying the upside momentum for the stock should continue despite doubling year-to-date as investors better understand the company's catalysts for growth. The analyst cites Etsy's efforts to improve user experience and invest in marketing, raising the number of buyer frequency, adding that revenues were up 35% in the most recent quarter even before the management tried to test TV advertising. Champine further states that the company's employee churn has stabilized, with about 25% of its current workforce having joined this year.