Etsy Soars Most in a Year After Citi Initiates With Buy Rating

Etsy Inc. rose the most in a year after Citigroup Inc. analyst Mark Kelley recommended the stock with a target price of $14 a share, saying the e-commerce company has developed a strong brand for its quirky products. Etsy, which has struggled to compete with industry giants like Amazon.com Inc., will report earnings after market Tuesday.

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