- The shares of Etsy (NASDAQ: ETSY) have received a price target of $265. These are the details.
The shares of Etsy (NASDAQ: ETSY) have received a price target of $265. And Evercore analyst Mark Mahaney initiated coverage of the company shares with an “Outperform” rating.
Mahaney noted that Etsy has a very large total addressable market. And the company operates a scaled marketplace platform with a differentiated value proposition.
Due to these differentiators, Mahaney sees a strong long-term margin and earnings potential for the company.
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