Stamps.com (STMP) Tops Q1 EPS by 16c, Revenues Beat; Lowers FY19 EPS/Revenue Guidance

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Go back to Stamps.com (STMP) Tops Q1 EPS by 16c, Revenues Beat; Lowers FY19 EPS/Revenue Guidance

Stamps.com (STMP) PT Lowered to Street Low $35 at Roth Capital

May 9, 2019 5:42 AM EDT

Roth Capital analyst Darren Aftahi lowered the price target on Stamps.com (NASDAQ: STMP) to $35.00 (from $78.00) while maintaining a Sell rating.

The analyst comments "STMP beat 1Q estimates, however, commentary around augmentation of unit economics of its reseller partners resulted in lowered guidance... More