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Fly News Breaks for February 27, 2020
AMZN, SHOP, ETSY
Feb 27, 2020 | 08:11 EDT
Oppenheimer analyst Jason Helfstein upgraded Etsy to Outperform from Perform with a $64 price target. The stock in premarket trading is up 9% to $55.25. The company last night reported a strong growth in Q4 and guided fiscal 2020 gross merchandise sales above the Street, Helfstein tells investors in a research note. Etsy smartly pivoted its seller lead-generation strategy to an outcome-based model and reset Etsy Ads to Promoted Listing to the delight of sellers, says the analyst. He believes this should push the company's take-rates above 20% over time and closer to Shopify (SHOP) and Amazon.com (AMZN) for business sellers.
News For ETSY;SHOP;AMZN From the Last 2 Days
AMZN
May 20, 2022 | 16:26 EDT
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
AMZN
May 20, 2022 | 12:05 EDT
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
SHOP
May 19, 2022 | 12:00 EDT
Shopify is up 14.2%, or $51.20 to $411.82.