Shutterfly Inc. (SFLY) PT Lowered to $44 at Barclays

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Go back to Shutterfly Inc. (SFLY) PT Lowered to $44 at Barclays

Shutterfly Inc. (SFLY) PT Lowered to $46 at Jefferies

February 2, 2017 8:21 AM EST

Jefferies lowered its price target on Shutterfly Inc. (NASDAQ: SFLY) to $46.00 (from $52.00) while maintaining a Hold rating.

Analyst Brian Fitzgerald commented, "SFLY announced re-structuring bringing brands Tiny Prints and Wedding Paper Divas under core SFLY Brand (along with shuttering smaller business lines). Maintain Hold and lower PT to $46."

... More

Needham & Company Downgrades Shutterfly Inc. (SFLY) to Hold

February 2, 2017 7:22 AM EST

Needham & Company downgraded Shutterfly Inc. (NASDAQ: SFLY) from Buy to Hold.

Analyst Kerry Rice commented, "We are downgrading Shutterfly to a HOLD from a BUY as FY17 revenue growth decelerates and EBITDA is below expectations. We estimate flat FY17 Consumer revenue with... More