Cimpress price target raised to $113 from $100 at Barrington

Barrington analyst Kevin Steinke raised the firm’s price target on Cimpress to $113 from $100 and keeps an Outperform rating on the shares. The company’s Q2 results significantly exceeded expectations driven by the company’s largest segment, Vista, as its revenue increased 9% year over year, the analyst tells investors in a research note. The improvements to the customer experience are increasing customer satisfaction, customer lifetime value, and the size and quality of new customer cohorts, Barrington says.