Needham & Company Cuts Price Target on Shutterfly (SFLY) Following Mixed 4Q Results

RBC Capital Remains Bullish on Shutterfly (SFLY) Following Mixed Earnings and Guidance

February 4, 2016 7:03 AM EST

RBC Capital maintained an Outperform rating on Shutterfly Inc. (NASDAQ: SFLY), and cut the price target to $48.00 (from $52.00), following the company's 4Q earnings report. Revenue of $548.1MM was above the Street's estimate of $544MM. 2016 Rev/EBITDA guide are both below Street but EPS brackets... More

BofA/Merrill Lynch Downgrades Shutterfly Inc. (SFLY) to Neutral

February 4, 2016 6:42 AM EST

BofA/Merrill Lynch downgraded Shutterfly Inc. (NASDAQ: SFLY) from Buy to Neutral with a price target of $44.00.

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 $39.63 yesterday.

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After-Hours Stock Movers 02/03: (VHC) (GLUU) (VIAB) Higher; (IMPV) (GPRO) (SFLY) Lower (more...)

February 3, 2016 6:08 PM EST

VirnetX Holding (NYSE: VHC) 71.2% HIGHER; jury ruled that Apple's (Nasdaq: AAPL) FaceTime and iMessage infringe VirnetX Holding patents. Apple will pay $625.6 million in damages.

Glu Mobile Inc. (NASDAQ: GLUU) 23.4% HIGHER; announced the company has partnered with GRAMMY award-winning artist, Taylor Swift, on the development of a new mobile game. Swift will work exclusively with Glu as part of a multi-year partnership to develop and create a new, one-of-a-kind digital gaming... More

Shutterfly (SFLY) Tops Q4 EPS by 1c, Offers Q1 & FY16 Guidance

February 3, 2016 4:06 PM EST

Shutterfly (NASDAQ: SFLY) reported Q4 EPS of $3.57, $0.01 better than the analyst estimate of $3.56. Revenue for the quarter came in at $548.1 million versus the consensus estimate of $544.7 million.

GUIDANCE:

Shutterfly sees FY2016 EPS of $0.19-$0.58, may not compare consensus of $0.49. Shutterfly... More

Trading Radar for 2/3: GM (GM), GoPro (GPRO), International Paper (IP), MetLife (MET) Report

February 2, 2016 3:17 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EST

MBA Mortgage Index - no Street consensus

8:15am EST

ADP Employment Change - Street sees 190k

Earnings:

ABB Ltd. (NYSE: ABB) - consensus EPS $0.21
Acorn International (NYSE: ATV) - no Street consensus
Agilysys, Inc. (Nasdaq: AGYS) - consensus loss $0.09
Alexion Pharma (Nasdaq: ALXN) - consensus... More