In a report published Friday, Cantor Fitzgerald initiated coverage on VistaPrint VPRT with a Buy rating and $46.00 price target.
Cantor Fitzgerald noted, “We are initiating coverage of Vistaprint with a BUY rating and a $46 price target. Vistaprint continues to be the disrupter in a market that is large, fragmented, relatively low-tech, and mostly offline. While investments will likely keep a lid on profits near-term, we expect meaningful improvement in margins longer-term, accompanied by above-industry top-line growth.”
VistaPrint closed on Thursday at $37.73.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in