Etsy price target raised to $67 from $62 at MoffettNathanson

MoffettNathanson analyst Michael Morton raised the firm’s price target on Etsy (ETSY) to $67 from $62 and keeps a Neutral rating on the shares. The firm noted that, post-quarterly results, it is removing a transaction fee increase in 2026 from its forecasts as a new CEO, tariff headwinds, and a core marketplace treading water make a transaction fee increase challenging in 2026. That said, Etsy and Depop are generating positive year-over-year gross merchandise sales growth on a consolidated basis for the first time since 2023, and it appears this trajectory is likely to continue going forward, the analyst tells investors in a research note.