Top 5 Losers Today

Page 5 of 5

1. Etsy, Inc. (NASDAQ:ETSY) is down 4.29% as of 11:54 AM ET after the target price of the New York-based e-commerce company focused on handmade or vintage items and craft supplies was slashed by over 17.8%. The target price on Etsy, Inc. (NASDAQ:ETSY) was lowered from $140 to $115 at Loop Capital. The target price assumes a slim upside potential of just over 7% from the last closing price. Etsy, Inc.’s (NASDAQ:ETSY) earnings are expected to come under pressure due to the macroeconomic environment.

Of the 924 hedge funds in Insider Monkey’s database, Etsy, Inc. (NASDAQ:ETSY) was held by 47 hedge funds as of Q4 2021.

You can also take a peek at the 10 Growth ETFs to Buy Now and 10 Oil Tanker Stocks That Pay Dividends.

Page 5 of 5