HSN, Inc. (HSNI) Misses Q3 EPS by 4c

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UBS Cuts Price Target on HSN, Inc. (HSNI) to $50; Reiterates Buy

November 8, 2016 8:23 AM EST

UBS maintained a Buy rating on HSN, Inc. (NASDAQ: HSNI), and cut the price target to $50.00 (from $60.00), following the company's 3Q earnings report. Q3 top & bottom line results were impacted by weakness in fitness, infomercial, electronics and lower shipping revs (increased promotions) at HSN as... More