Shutterfly (SFLY -5%) shares are swatted after the online photo-sharing site warns of...

|By:, SA News Editor

Shutterfly (SFLY -5%) shares are swatted after the online photo-sharing site warns of disappointing Q4 revenue and profit, but Barclays says the cut in outlook was hardly a surprise, and SFLY is still looking at 20% growth in revenue this quarter and next year. "The valuation and recent stock performance have more than factored in today’s downward revision," Barclays says.