Latest News

It’s time for red-hot Etsy shares to take a break, KeyBanc says

0

An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn.

Victor J. Blue/Bloomberg via Getty Images

The good news about e-commerce platform Etsy is largely priced in and it’s time for the stock to take a breather, according to KeyBanc Capital Markets.

The investment firm downgraded the e-commerce stock to sector weight from overweight, saying that the company will have a hard time following up the strong beat of expectations it saw in 2020.

Evercore ISI upgrades Simon Property Group as focus turns to the reopening story for malls

Previous article

Young investors are betting on stocks. Here’s what to know before jumping in

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News