Market Overview

UPDATE: Barrington Research Downgrades VistaPrint to Market Perform on Organic Growth Deceleration

Share:
Related VPRT
Benzinga's Top Downgrades
UPDATE: SunTrust Robinson Humphrey Downgrades VistaPrint On Valuation

Barrington Research reduced its rating on VistaPrint (NASDAQ: VPRT) from Outperform to Market Perform.

Barrington Research commented, "Due to continued underperformance in Europe and lowered expectations for organic constant currency revenue growth, we reduced our investment rating to MARKET PERFORM on October 26. Management believes that European revenue growth can improve during the remainder of fiscal 2013, but we believe returning to high-teens or low-20s revenue growth in Europe could be a longer-term proposition. Since Europe represents nearly 40% of total company revenue, its underperformance could continue to mask solid performance in North America and Asia Pacific."

VistaPrint closed at $30.42 on Thursday.

Latest Ratings for VPRT

DateFirmActionFromTo
Nov 2014SunTrust Robinson HumphreyDowngradesBuyNeutral
Oct 2014SunTrust Robinson HumphreyInitiates Coverage onBuy
Apr 2014JefferiesMaintainsHold

View More Analyst Ratings for VPRT
View the Latest Analyst Ratings

Posted-In: Barrington ResearchAnalyst Color Downgrades Intraday Update Analyst Ratings

 

Related Articles (VPRT)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
DLTRBernsteinUpgrades0.0
CNPUBSUpgrades34.0
UGIUBSDowngrades63.0
ATOUBSDowngrades106.0
CSCONomuraDowngrades50.0
View the Latest Analytics Ratings
Don't Miss Out!
Join Our Newsletter
Subscribe to:
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
Your weekly roundup of hot topics in the exciting world of fintech.
Thank You
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

Study: Amazon is Nibbling Netflix's Lunch

UPDATE: Global Hunter Securities Downgrades EPL Oil & Gas on Lower Guidance