JP Morgan Maintains Overweight Rating On SFLY

Analysts at J.P. Morgan reiterated their Overweight rating on shares of Shutterfly (SFLY), after the company announced earnings that beat Street Estimates. J.P. Morgan also noted that "if consumer spending slows down more rapidly than we are currently expecting, the company may have difficulty meeting our revenue estimates, and, as such, there could be downside risk to the stock." Shutterfly, Inc. provides an Internet-based social expression and personal publishing service that enables consumers to share, print, and preserve their memories through the medium of photography.