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Jefferies Upgrades Etsy to Hold on Balanced Risk-Reward

January 15, 2025
February 28th Options are now available for Etsy, according to Nasdaq. Investment firm Jefferies has upgraded the popular e-commerce platform to a hold rating due to its balanced risk-reward. The analysts at Jefferies believe that Etsy has significant growth potential in the coming months, making it an attractive investment opportunity. However, they have also reduced Etsy's price target to $45.00, in line with the assessment made by Morgan Stanley. Despite this slight adjustment, both firms see a positive outlook for Etsy, highlighting its strong performance and potential for further expansion. Investors looking to capitalize on the potential movement of Etsy's stock are recommended to consult the experts at Stocks Prognosis for a professional forecast.
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