Roth Capital analyst Darren Aftahi maintained a Buy rating and $76 price target on Etsy after hosting investor meetings with CFO Rachel Glaser, telling investors in a research note that he remains positive on shares following the meeting and feels Etsy is still in the early innings of what he thinks is a long-term growth cycle. The analyst sees several business initiatives that can contribute to its longer-term gross merchandise sales growth including Cloud migration, personalization, and search and discover.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here