Etsy price target raised to $80 from $70 at Raymond James

Raymond James raised the firm’s price target on Etsy (ETSY) to $80 from $70 and keeps an Outperform rating on the shares. Softlines and Digital Commerce names enter Q3 with rising revenue estimates, suggesting improving consumer momentum, the analyst tells investors in a research note. Tariff risk remains the key variable, as higher China tariffs could pressure margins, while FX shifts offer modest relief for Euro- and Pound-exposed companies, the firm says.