Shutterfly (SFLY) Tops Q4 EPS by 23c, Beats on Revenues; Offers FY18 EPS Outlook Above Consensus, Revenue Mid-Point Guidance Above Estimates

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Go back to Shutterfly (SFLY) Tops Q4 EPS by 23c, Beats on Revenues; Offers FY18 EPS Outlook Above Consensus, Revenue Mid-Point Guidance Above Estimates

Shutterfly Inc. (SFLY) PT Raised to $68 at Baird Following 4Q

January 31, 2018 8:45 AM EST

Baird raised its price target on Shutterfly Inc. (NASDAQ: SFLY) to $68.00 (from $50.00) while maintaining a Neutral rating following the company's 4Q earnings report. SFLY reported 4Q17 revenue of $593M, beating the Street's estimate, and guidance of $538-$568M.

Management also announced a significant... More