Valassis Communications, Inc. (VCI) Misses Q4 EPS by 10c; Reaffirms Outlook

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Go back to Valassis Communications, Inc. (VCI) Misses Q4 EPS by 10c; Reaffirms Outlook

Benchmark Downgrades Valassis Communications (VCI) to Hold

February 22, 2013 9:07 AM EST

Benchmark downgraded Valassis Communications (NYSE: VCI) from Buy to Hold with a price target of $30.00 (from $32.00) on shared mail concerns.

"A slowdown in Shared Mail revenues led to lower than expected 4Q12 EPS of $0.85
for Valassis (VCI) vs. our $0.90 estimate and... More