UPDATE: Barclays Downgrades Vistaprint NV (VPRT) to Underweight
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Price: $47.56 +0.34%
Rating Summary:
3 Buy, 7 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
Rating Summary:
3 Buy, 7 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
Trade VPRT Now!
(Updated - June 13, 2012 7:43 AM EDT)
Barclays downgraded Vistaprint NV (NASDAQ: VPRT) from Equalweight to Underweight with a price target lowered from $35 to $29.
Analyst, Mark May, said, "...intra-quarter data checks, recent exchange rate changes and valuation analysis, which together suggest 4QFY12 results and FY13 guidance could fall short of consensus estimates.
FY12 EPS estimate cut from $1.73 to $1.72 (consensus is $1.78) and FY13 from $1.80 to $1.79 (consensus is $2.05).
For an analyst ratings summary and ratings history on Vistaprint NV click here. For more ratings news on Vistaprint NV click here.
Shares of Vistaprint NV closed at $33.03 yesterday, with a 52 week range of $23.89-$49.97.
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Barclays downgraded Vistaprint NV (NASDAQ: VPRT) from Equalweight to Underweight with a price target lowered from $35 to $29.
Analyst, Mark May, said, "...intra-quarter data checks, recent exchange rate changes and valuation analysis, which together suggest 4QFY12 results and FY13 guidance could fall short of consensus estimates.
FY12 EPS estimate cut from $1.73 to $1.72 (consensus is $1.78) and FY13 from $1.80 to $1.79 (consensus is $2.05).
For an analyst ratings summary and ratings history on Vistaprint NV click here. For more ratings news on Vistaprint NV click here.
Shares of Vistaprint NV closed at $33.03 yesterday, with a 52 week range of $23.89-$49.97.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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