Barrington Research Comments on Vistaprint, Raises PT

Barrington Research provided color on Vistaprint (NASDAQ: VPRT) and raised its Vistaprint price target from $43 to $45 in a research report published today. Barrington Research has an Outperform rating on Vistaprint.

In the report, Barrington Research states, "Vistaprint is still in the early stages of implementing its revised investment strategy, so there was not a great deal of new information with which to assess its progress. However, the solid financial results and guidance indicate that it remains on track."

Shares of Vistaprint closed today at $33.24, down 5.59% from Tuesday's market close.