Market Overview

UPDATE: SunTrust Robinson Humphrey Downgrades VistaPrint On Valuation


In a report published Monday, SunTrust Robinson Humphrey analyst Robert S. Peck downgraded the rating on VistaPrint Limited (NASDAQ: VPRT) from Buy to Neutral, but raised the price target from $63.00 to $67.00.

In the report, SunTrust Robinson Humphrey noted, “We are lowering our rating to Neutral from Buy as the stock has reached our new price target of $67 (was $63). While the company recently reported a slight beat for F1Q15 (September), VPRT shares have appreciated >21%% and outperformed the peer group by ~21 points over the past month. We think investors have reassessed the story recently and investor sentiment has improved, with the stock having outperformed the Nasdaq by 17/33/54 points over the past 1/3/6 months. Thus at current levels we view valuation as more appropriate and risk/reward more balanced, warranting a Neutral-rating. We would look to get more constructive again on a pullback in the stock or more material evidence of progress in the company's turnaround.”

VistaPrint closed on Friday at $67.41.

Latest Ratings for VPRT

Nov 2014SunTrust Robinson HumphreyDowngradesBuyNeutral
Oct 2014SunTrust Robinson HumphreyInitiates Coverage onBuy
Apr 2014BarclaysMaintainsUnderweight

View More Analyst Ratings for VPRT
View the Latest Analyst Ratings


Related Articles (VPRT)

View Comments and Join the Discussion!

Posted-In: Robert S. Peck SunTrust Robinson HumphreyAnalyst Color Downgrades Analyst Ratings

Latest Ratings

MRTXHC Wainwright & Co.Maintains257.0
NVDATruist SecuritiesMaintains672.0
BLKBMO CapitalMaintains715.0
BLKDeutsche BankMaintains838.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at