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March 21, 2014
07:21 EDTSFLYShutterfly sell-off creates buying opportunity, says Cantor
After conducting checks, Cantor thinks that Shutterfly's business has been healthy so far this quarter. The firm believes the stock is unlikely to drop significantly due to the company's low valuation and $100M share buyback program. Cantor thinks the company's 2014 guidance looks conservative, and expects its margins to expand significantly in 2015.
News For SFLY From The Last 14 Days
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April 24, 2015
15:37 EDTSFLYShutterfly May volatility elevated into Q1 and outlook
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April 21, 2015
14:16 EDTSFLYShutterfly unlikely to see major impact from Snapfish takeover, says Cantor
After Snapfish was acquired by District Photo, Cantor says that the deal is unlikely to have a material impact on Shutterfly. The firm says that Snapfish is considerably smaller than Shutterfly, and has underinvested in itself over the years, while District Photo is unlikely to continue Snapfish's tradition of steep discounting. The firm does believe, however, that the deal reduces the chances of Shutterfly being acquired by private equity firms. Cantor keeps a $58 price target and Buy rating on the shares.

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