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TheStreet upgraded Etsy Inc (NASDAQ:ETSY) to Hold in a report released today.

TheStreet has upgraded Etsy Inc (NASDAQ:ETSY) to Hold in a report released on 5/24/2017.

Previously on Wednesday May 17, 2017, Wedbush reported about Etsy Inc (NASDAQ:ETSY) held steady the target price at $9.00. At the time, this indicated a possible downside of -0.34%.

Yesterday Etsy Inc (NASDAQ:ETSY) traded 1.84% higher at $13.39. The company’s 50-day moving average is $15.38 and its 200-day moving average is $12.99. The last stock close price is up 27.91% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 2,308,607 shares of the stock were exchanged, up from an average trading volume of 1,707,330

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Etsy Inc (NASDAQ:ETSY)

Etsy Inc has a 52 week low of $9.41 and a 52 week high of $16.69 The company’s market cap is currently $0.

In addition to TheStreet reporting its target price, a total of 7 firms have issued a report on the stock. The consensus target price is $10.93 with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 6 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Etsy Inc (NASDAQ:ETSY)

Etsy, Inc. (Etsy) operates a marketplace where people around the world connect, both online and offline, to make, sell and buy goods. The Company offers a range of seller services and tools that help entrepreneurs start, grow and manage their businesses. The Company's community includes Etsy sellers, Etsy buyers, Etsy employees, its partners and investors. As of December 31, 2016, its platform connected 1.7 million active Etsy sellers and 28.6 million active Etsy buyers. Etsy sellers join its community to participate in its markets to express their creativity. Etsy sellers range from hobbyists to professional merchants, and have a range of personal and professional goals. Its supports a group of artists, makers, designers and collectors from around the world. Its services platform includes seller services, seller tools and education. The Company's seller services include Direct Checkout, Promoted Listings, Shipping Labels and Pattern by Etsy.

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