Cimpress price target raised to $87 from $68 at Truist

Truist analyst Youssef Squali raised the firm’s price target on Cimpress to $87 from $68 and keeps a Buy rating on the shares. The company’s Q4 results and outlook show that it is finally on the other side of its multi-year tech, branding and products retooling efforts, the analyst tells investors in a research note.