Jefferies is bullish on e-commerce growth trends sustaining with a pair of upgrades in the Internet retail sector and a price target boost. The confidence arrives with the Amplify Online Retail ETF (NASDAQ:IBUY) easily outpacing the S&P 500 Index this year, a trend Jefferies sees extending over the long term.
The firm takes Etsy (NASDAQ:ETSY) up to a Buy rating from Hold on its view that the pandemic has led to more reliance by consumers on the platform.
Source seeking alpha
The firm takes Etsy (NASDAQ:ETSY) up to a Buy rating from Hold on its view that the pandemic has led to more reliance by consumers on the platform.
Source seeking alpha
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.