Shutterfly (SFLY) Tops Q2 EPS by 17c; Guides In-Line
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Needham & Company Raises Price Target on Shutterfly (SFLY) Following 2Q Results and Guidance
July 28, 2016 7:10 AM EDTNeedham & Company reiterated a Buy rating on Shutterfly Inc. (NASDAQ: SFLY), and raised the price target to $56.00 (from $55.00), following the company's 2Q earnings report. SFLY reported revenue at $204.0M, above guidance of $195-202M and above expectations of $200.3M. Management guided 3Q revenue in the range of... More
