Don’t Toss Pinterest or Etsy Stock in the Shopping Cart Yet. Here’s Why.

Jefferies is optimistic about the internet sector, but Etsy and Pinterest aren’t on its list of winners. Analysts, led by John Colantuoni, upgraded e-commerce platform Etsy stock to Hold from Underperform and increased their per-share price target to $55 from $45. Etsy slipped 0.3% and Pinterest stock fell 3% in Monday trading.