SunTrust Robinson Reaffirms Their Buy Rating on Shutterfly (SFLY)

SunTrust Robinson analyst Youssef Squali maintained a Buy rating on Shutterfly (SFLYResearch Report) today and set a price target of $57. The company’s shares opened today at $47.08.

Squali observed:

“We hosted Shutterfly SVP and CFO, Mike Pope, at our 6th annual internet and digital media conference for a fireside chat.”

According to TipRanks.com, Squali is a top 100 analyst with an average return of 23.2% and a 70.6% success rate. Squali covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, IAC/InterActiveCorp, and Match Group Inc.

Currently, the analyst consensus on Shutterfly is a Strong Buy with an average price target of $56.67.

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The company has a one-year high of $100.34 and a one-year low of $35.08. Currently, Shutterfly has an average volume of 715.8K.

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock.

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Shutterfly, Inc. engages in the provision of retailer and manufacturing platform of personalized products and communications. It operates through the following business segments: Shutterfly Consumer, Lifetouch, and Shutterfly Business Solutions (SBS).