Cantor Fitzgerald Starts CafePress (PRSS) at Buy, Compelling Story on the Cheap

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Cantor Fitzgerald initiates coverage on CafePress (NASDAQ: PRSS) with a Buy. PT $12.00.

The firm comments, "CafePress' differentiated and highly personalized yet scalable platform is transforming a segment that is fragmented, relatively low-tech and mostly offline. At $9.50, the stock trades at a compelling 0.7x revenue and 5.9x EBITDA, a 20%+ discount to our $12 fair value estimate estimate."

For an analyst ratings summary and ratings history on CafePress click here. For more ratings news on CafePress click here.

Shares of CafePress closed at $9.46 yesterday, with a 52 week range of $7.68-$22.69.

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