Shares of online marketplace Etsy (NASDAQ: ETSY ) — which specializes in handmade, vintage and craft supplies — slipped noticeably on Wednesday. The red ink follows Goldman Sachs downgrading ETSY stock due to concerns about consumer discretionary trends. While a worrisome prospect, investors should look at the broader context before making a final decision. According to a Seeking Alpha report, Goldman analyst Alexandra Steiger downgraded ETSY stock to “neutral” after previously rating it a “buy.” Specifically, the expert warned that Wall Street estimates already fully price in Etsy’s growth potential in the years ahead. Based on…
