It is time for red-hot Etsy shares to take a break, KeyBanc says

An worker walks previous a quilt displaying Etsy Inc. signage on the firm’s headquarters within the Brooklyn. Victor J. Blue/Bloomberg by way of Getty Pictures The excellent news about e-commerce platform Etsy is essentially priced in and it is time for the inventory to take a breather, in keeping with KeyBanc Capital Markets. The funding


An worker walks previous a quilt displaying Etsy Inc. signage on the firm’s headquarters within the Brooklyn.

Victor J. Blue/Bloomberg by way of Getty Pictures

The excellent news about e-commerce platform Etsy is essentially priced in and it is time for the inventory to take a breather, in keeping with KeyBanc Capital Markets.

The funding agency downgraded the e-commerce inventory to sector weight from chubby, saying that the corporate could have a tough time following up the sturdy beat of expectations it noticed in 2020.



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