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Cimpress price target raised to $100 from $90 at Truist

Truist analyst Youssef Squali raised the firm’s price target on Cimpress (CMPR) to $100 from $90 and keeps a Buy rating on the shares. The company’s Q2 results exceeded expectations, reflecting sustained demand for elevated, higher-value offerings with stabilization in the Y/Y decline in legacy products, the analyst tells investors in a research note.

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