Barclays Maintains an 'Overweight' on Shutterfly (SFLY); Channel Checks Reaffirm Q2
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Price: $47.69 -1.77%
Rating Summary:
9 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Rating Summary:
9 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
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Barclays maintains an 'Overweight' on Shutterfly Inc. (NASDAQ: SFLY) price target of $42.00.
Analyst, Mark May, remains comfortable with his current Q2 revenue and EPS estimate of $90M and a loss of (0.18). May said recent channel checks suggest the company's core business is trending relatively in-line with forecasts.
May continued to like the company longer-term, citing: Solid growth; strong margins and market share; and synergy/upside opportunities from recent Kodak acquisition.
For an analyst ratings summary and ratings history on Shutterfly Inc. click here. For more ratings news on Shutterfly Inc. click here.
Shares of Shutterfly Inc. closed at $30.69 yesterday, with a 52 week range of $21.34-$64.45.
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Analyst, Mark May, remains comfortable with his current Q2 revenue and EPS estimate of $90M and a loss of (0.18). May said recent channel checks suggest the company's core business is trending relatively in-line with forecasts.
May continued to like the company longer-term, citing: Solid growth; strong margins and market share; and synergy/upside opportunities from recent Kodak acquisition.
For an analyst ratings summary and ratings history on Shutterfly Inc. click here. For more ratings news on Shutterfly Inc. click here.
Shares of Shutterfly Inc. closed at $30.69 yesterday, with a 52 week range of $21.34-$64.45.
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