Etsy (ETSY) is up 46% from its 52-week low, and is up 12% this month, but there is still a downtrend in the stock. Alex Coffey and Jenny Horne discuss Etsy as Guggenheim raises its price target to $95 from $75. They talk about how Etsy was in the news for announcing layoffs. They also go over how Temu and Shein are competition that Etsy should watch out for. Tune in to find out more about the stock market today.
Next Gen Investing
18 Dec 2023
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