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Stock Market & Financial Investment News

News Breaks
January 13, 2014
06:24 EDTSFLYShutterfly initiated with an Outperform at RBC Capital
Target $64.
News For SFLY From The Last 14 Days
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September 12, 2014
15:29 EDTSFLYHP exploring sale of Snapfish photo service, Reuters reports
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15:26 EDTSFLYHP exploring sale of Snapfish photo service, Reuters reports
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September 5, 2014
10:07 EDTSFLYShutterfly worth up to $69 per share in an LBO, says Goldman
Goldman's developed LBO analysis of Shutterfly following the July 2 Bloomberg article that the company engaged Qatalyst Partners to explore strategic alternatives. The firm has no view of the likelihood of a transaction but says Shutterfly is worth $69 per share in a deal. The analyst continues to rate shares a Buy with a $56 price target given mid-to-high teens organic growth, leveraging of its investment cycle, and realization of cloud services' higher margins.

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