Stifel says to buy the post-earnings dip in Etsy, upgrades stock

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Stifel says to buy the post-earnings dip in Etsy, upgrades stock
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New for subscribers: Stifel says to buy the post-earnings dip in Etsy, upgrades stock. Check out CNBCPro today.

Shares of e-commerce company shed nearly 15% on Thursday after, where the company warned of slowing growth in the months ahead when compared with last year's pandemic boom. However, Stifel analyst Scott Devitt said this shouldn't come as a surprise and upgraded the stock to buy from hold.

 

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