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Etsy still sees deceleration in new buyers in US and internationally, says Loop

Etsy still sees deceleration in new buyers in US and internationally, says Loop

Loop Capital analyst Laura Champine keeps a Sell rating and $40 price target on Etsy (ETSY) after holding talks with its IR team following the company’s Q4 results last month. There’s been no change in tone from Q4 that the firm can discern as the management called out a deceleration in new buyers in Q4 in both U.S. and international markets, the analyst tells investors in a research note.

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