U.S. Markets close in 2 hrs 50 mins

Shutterfly weakness would be buying opportunity, says RW Baird

Baird would be buyers on pullbacks of Shutterfly following recent meetings with management. The meeting reinforced the firm's positive thesis citing growth opportunities, its e-commerce model, quality products, and culture of innovation. Shutterfly remains a top small-cap pick with a $60 price target.