Wall Street stalls as market, Trump priorities diverge

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Ralph Lauren (RL) PT Lowered to $84 at Cowen Following Announced Departure of CEO Stefan Larsson

February 2, 2017 1:27 PM EST

Cowen lowered its price target on Ralph Lauren (NYSE: RL) to $84.00 (from $98.00) while maintaining a Market Perform rating following the company's announced departure of its CEO Stefan Larsson. The departure is due to a differing of views vs. Ralph Lauren and the... More

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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