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Stamps.com backed by Craig-Hallum after short attack

Jul. 20, 2016 9:00 AM ETStamps.com Inc. (STMP) StockSTMPBy: Clark Schultz, SA News Editor
  • Craig-Hallum defends its bullish stance on Stamps.com (NASDAQ:STMP) after the company took on a barrage of criticism from Prescience Point Research this week in a biting article.
  • The investment firm backs its Buy rating and notes that the Prescience attack was timed well with Stamps.com in a quiet period.
  • STMP +1.35% premarket to $72.30 vs. PP's price target of $15 and Craig Hallum's PT of $150.

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