Truist raised the firm’s price target on Cimpress (CMPR) to $74 from $60 and keeps a Buy rating on the shares. The company’s results exceeded muted expectations across the board, with growing demand for elevated/higher-value offerings like PPAGs – Promotional Products, Apparel, and Gifts – more than offsetting the decline in legacy products such as business cards, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMPR: