Needham initiates Shutterfly (SFLY +0.9%) at Buy with a $52 price target. The company, which is...

|By:, SA News Editor

Needham initiates Shutterfly (SFLY +0.9%) at Buy with a $52 price target. The company, which is in the process of suing Eastman Kodak (EKDKQ.PK -3%) for violation of a non-compete agreement, was reiterated at Buy at Cantor Fitzgerald on March 11 with a price target of $48.