Truist Financial Keeps Their Buy Rating on Etsy (ETSY)

Truist Financial analyst Youssef Squali maintained a Buy rating on Etsy today. The company’s shares closed yesterday at $52.21.

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Squali covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Trade Desk, and Match Group. According to TipRanks, Squali has an average return of 2.2% and a 47.39% success rate on recommended stocks.

Etsy has an analyst consensus of Moderate Buy, with a price target consensus of $63.35.

The company has a one-year high of $70.57 and a one-year low of $40.05. Currently, Etsy has an average volume of 5.73M.

Based on the recent corporate insider activity of 92 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, Michele Burns, a Director at ETSY sold 14,464.00 shares for a total of $908,628.48.