Stamps.com (STMP) Tops Q1 EPS by 39c, Revenues Beat

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Stamps.com (STMP) PT Lowered to $378 at Maxim Group

May 7, 2021 8:00 AM EDT

Maxim Group analyst Allen Klee lowered the price target on Stamps.com (NASDAQ: STMP) to $378.00 (from $405.00) while maintaining a Buy rating.

Management did not provide 2021 guidance due to uncertainties related to the pandemic and ecommerce outlook, but reiterated a 20%+ increase in investment-related... More