Cimpress price target lowered to $95 from $119 at Barrington

Barrington lowered the firm’s price target on Cimpress (CMPR) to $95 from $119 and keeps an Outperform rating on the shares following the fiscal Q2 report. Management believes the disappointing results were due to short-term factors, and the company remains confident in its favorable long-term outlook, the analyst tells investors in a research note.