Baird Starts Zulily, Inc (ZU) at Outperform

Baird initiates coverage on Zulily, Inc (NASDAQ: ZU) with a Outperform rating and a price target of $44.00.

Analyst Colin Sebastian states, "ZU is emerging as one of a small handful of high-quality and differentiated e-commerce companies, leveraging an attractive flash sale business model, strong repeat customer dynamic, and access to unique product selection. Despite that, shares have underperformed indices (e.g., NASDAQ, S&P 500) and high-growth Internet comparables (e.g., YELP). Looking ahead, we see meaningful potential to outperform going forward as zulily’s attractive growth and margin profile gain exposure."

For an analyst ratings summary and ratings history on Zulily, Inc click here. For more ratings news on Zulily, Inc click here.

Shares of Zulily, Inc closed at $36.49 yesterday.

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