Barclays Upgrades Etsy (ETSY) to Overweight, Raises Price Target

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Barclays has upgraded Etsy (ETSY) from Equal-Weight to Overweight, simultaneously increasing its price target from $62.00 to $72.00, reflecting a 16.13% increase and a more optimistic outlook. This upgrade comes despite several recent downward revisions by other analysts. Etsy, a leading e-commerce marketplace for vintage and craft goods, boasts $12.5 billion in 2024 gross merchandise volume and connects 95 million buyers with 8 million sellers.

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