View photosEtsy Surges to Record High as Analysts Cheer Growth OutlookMore

(Bloomberg) — Etsy Inc.’s fourth-quarter sales surpassed expectations, sending shares to their highest level since the company’s 2015 initial public offering.

The results, which included a fourth-quarter revenue beat and a 2019 sales growth forecast of 23 percent to 25 percent, caused Loop Capital to boost the shares to a Street-high price target of $80. Meanwhile, RBC, which rates the shares neutral, became more

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