25-06-2025
Truist Financial Sticks to Their Buy Rating for Etsy (ETSY)
Truist Financial analyst Youssef Squali maintained a Buy rating on Etsy (ETSY – Research Report) yesterday and set a price target of $60.00. The company's shares closed yesterday at $53.37.
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Squali covers the Communication Services sector, focusing on stocks such as DoorDash, Alphabet Class A, and Meta Platforms. According to TipRanks, Squali has an average return of 1.4% and a 45.74% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Etsy with a $48.60 average price target.
ETSY market cap is currently $5.86B and has a P/E ratio of 38.30.
Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ETSY in relation to earlier this year. Last month, Richard Edward III Colburn, the CTO of ETSY sold 2,350.00 shares for a total of $110,473.50.
