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Fly News Breaks for February 27, 2020
Feb 27, 2020 | 07:30 EDT
Nomura Instinet analyst Mark Kelley raised the firm's price target on Etsy to $66 from $61 and keeps a Buy rating on the shares. The company last night reported "solid" results to end the year with a strong holiday season that saw 30% year-over-year growth in seasonal GMS, Kelley tells investors in a post-earnings research note. He believes Etsy is executing against its roadmap.
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