Goldman Sachs Starts Shutterfly Inc. (SFLY) at Neutral
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Price: $50.97 --0%
Rating Summary:
4 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
4 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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Goldman Sachs initiates coverage on Shutterfly Inc. (NASDAQ: SFLY) with a Neutral. PT $29.00.
The firm comments, "Online printing is going through a hyper-competitive period, pressuring customer growth, pricing, and profit margins at Shutterfly. While we believe in Shutterfly long term, investors are best served waiting this period out on the sidelines."
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 $24.67 yesterday.
The firm comments, "Online printing is going through a hyper-competitive period, pressuring customer growth, pricing, and profit margins at Shutterfly. While we believe in Shutterfly long term, investors are best served waiting this period out on the sidelines."
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 $24.67 yesterday.
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