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Shutterfly (SFLY +6.7%) jumps after BofA starts coverage with a Buy and $40 PT. The firm thinks...

Shutterfly (SFLY +6.7%) jumps after BofA starts coverage with a Buy and $40 PT. The firm thinks Shutterfly's valuation has been compressed by pricing worries, and argues the restructuring of HP's Snapfish unit, along with the additional scale provided by Shutterfly's acquisitions, will improve its pricing environment.
Comments (1)
  • montanamark
    , contributor
    Comments (1444) | Send Message
     
    look at the weekly; if it can take out 34.37
    18 Jul 2012, 02:08 PM Reply Like
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