UPDATE: Jefferies Raises PT on Shutterfly on Strong Q4
In a report published Wednesday, Jefferies reiterated its Hold rating on Shutterfly (NASDAQ: SFLY ), and raised its price target from $32.00 to $36.00. Jefferies noted, “Shutterfly delivered strong performance vs. conservative expectations. The company, which is a leading, differentiated player in a competitive space, grew share across all brands
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