Etsy Analysts Increase Their Forecasts Following Better-Than-Expected Q2 Earnings
Etsy Inc (ETSY) reported strong Q2 earnings, beating estimates. Announced share buyback and workforce cut. Analysts raised price targets.
Etsy made more money than people thought it would in the last three months, so experts who study stocks think it might do even better. When a company does better than expected and buys back its own shares, it can be a sign that leaders think the business is strong.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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