Barclays Upgrades Etsy (ETSY) to Overweight as Truist Raises Target

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Barclays has upgraded Etsy (ETSY) to Overweight with a $72 price target, citing the Depop divestiture and stabilization of its core business. Simultaneously, Truist maintained a Buy rating and increased its price target to $83, attributing it to sustainable Gross Merchandise Sales growth driven by improved AI search. These positive analyst actions occur amid an insider stock sale by Etsy’s Chief Product & Technology Officer and a broader context of analyst recommendations.

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