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Fly News Breaks for June 15, 2015
SFLY
Jun 15, 2015 | 07:09 EDT
After activist investors Marathon won two seats on Shutterfly's board, Cantor thinks this development is likely to lead to more sharehodler friendly actions by the company. The firm expects Marathon;s presence on the board to help drive the stock higher over time. It keeps a $59 price target and Buy rating on the stock.
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