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FTD

FTD Companies

$4.51

0.05 (1.12%)

16:13
07/19/18
07/19
16:13
07/19/18
16:13

FTD Companies initiates review of strategic alternatives

FTD FTD Companies
$4.51

0.05 (1.12%)

11/09/17
CHLM
11/09/17
NO CHANGE
Target $10
CHLM
Hold
FTD Companies price target lowered to $10 from $18 at Craig-Hallum
Craig-Hallum analyst Alex Fuhrman lowered his price target for FTD Companies to $10 from $18, citing lower Q3 results on continued revenue headwinds. The analyst reiterates a Hold rating on the shares.
11/15/17
DADA
11/15/17
NO CHANGE
Target $8
DADA
Neutral
FTD Companies price target lowered to $8 from $17 at DA Davidson
DA Davidson analyst Linda Bolton Weiser lowered her price target on FTD Companies to $8 and kept her Neutral rating following last week's Q3 results, noting accelerating sales decline due in part to hurricane impacts and the holiday timing shift to Q4 of last year. The analyst's lowered price target is attributed to the uncertainty regarding the timing of return to sales growth as investors await a 5-year strategic turnaround plan from the new CEO John Walden early next year.
03/09/18
DADA
03/09/18
NO CHANGE
Target $4.25
DADA
Neutral
FTD Companies had 'poor Valentine's Day execution', says DA Davidson
DA Davidson analyst Linda Bolton Weiser lowered her price target on FTD Cmpanies to $4.25 from $6.50 after the company's Q1 warning that was attributed to poor execution in marketing strategies around Valentine's Day. The analyst adds that in order to reach the company's revenue outlook for the entire FY18, she also had to bump up her forecasts for Q2-Q4, suggesting that the company's low end of FY18 EBITDA guidance of $52M may prove to be a stretch. Weiser keeps her Neutral rating on FTD Companies.
05/09/18
DADA
05/09/18
NO CHANGE
Target $5.25
DADA
Neutral
FTD Companies price target raised to $5.25 from $3.50 at DA Davidson
DA Davidson analyst Linda Bolton Weiser raised her price target on FTD Companies to $5.25 and kept her Neutral rating after its Q1 results. Weiser notes that while the company beat consensus on revenues and maintained its FY18 outlook, costs were also higher and EBITDA missed expectations. The analyst adds however that the issues with Q4 earnings revolving around a poorly executed Valentine's Day promotion have been resolved, and with about a third of the ordering for Mother's Day completed, the outcome is expected to improve.

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