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

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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."

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Shutterfly Inc. (SFLY) PT Lowered to $50 at Cantor Fitzgerald

February 2, 2017 6:33 AM EST

Cantor Fitzgerald lowered its price target on Shutterfly Inc. (NASDAQ: SFLY) to $50.00 (from $58.00) while maintaining a Overweight rating.

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

February 2, 2017 3:51 AM EST

Barclays lowered its price target on Shutterfly Inc. (NASDAQ: SFLY) to $44.00 (from $48.00) while maintaining a Equalweight rating.

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Baird Downgrades Shutterfly Inc. (SFLY) to Neutral

February 2, 2017 1:27 AM EST

Baird downgraded Shutterfly Inc. (NASDAQ: SFLY) from Outperform to Neutral with a price target of $47.00 (from $59.00).

Analyst Colin Sebastian comments "While shares outperformed through 2016, Q4 results reported yesterday uncovered a couple of product and execution issues previously unknown that depress near-term growth,... More

Shutterfly (SFLY) Misses Q4 EPS by 21c; Guides Lower

February 1, 2017 4:15 PM EST

Shutterfly (NASDAQ: SFLY) reported Q4 EPS of $2.63, $0.21 worse than the analyst estimate of $2.84. Revenue for the quarter came in at $561.2 million versus the consensus estimate of $583.8 million.

GUIDANCE:

Shutterfly sees Q1 2017 EPS of ($1.00)-($0.95), versus the consensus of ($0.84). Shutterfly sees Q1... More