Morgan Stanley lowered the firm’s price target on Etsy (ETSY) to $44 from $45 and keeps an Underweight rating on the shares. GMS growth further decelerated in Q4 and although the firm expects GMS to reaccelerate over 2025, weakened cohort trends “keeps us skeptical on the ability to deliver long-term GMS growth & margin expansion,” the analyst tells investors in a post-earnings note.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ETSY:
- Etsy price target lowered to $70 from $80 at Guggenheim
- Etsy price target lowered to $51 from $56 at Stifel
- Etsy’s Underperformance and Buyer Retention Concerns Lead to Continued Sell Rating
- Etsy price target raised to $47 from $44 at Wells Fargo
- Etsy’s Strategic Shift Raises Concerns: Sell Rating Amid Margin and Buyer Declines