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A statement released earlier today by Needham about Electronics For Imaging (NASDAQ:EFII) bumps the target price to $58.00

Boasting a price of $48.77, Electronics For Imaging (NASDAQ:EFII) traded -0.29% lower on the day. With the last stock price close up 11.97% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. EFII has recorded a 50-day moving average of $46.42 and a 200-day moving average of $43.56. 238,103 shares of the stock were exchanged, down from an average trading volume of 359,780

Electronics For Imaging (NASDAQ:EFII) had its price target upped to $58.00 by Needham in a report released 09/27/2016. The new stock price target implies a possible upside of 0.19% based on the company's most recent stock price close.

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Electronics For Imaging (NASDAQ:EFII)

Electronics For Imaging has a 52 week low of $35.88 and a 52 week high of $49.82 with a price-earnings ratio of 83.94 EFII’s total market value is presently $0.

In addition to Needham reporting its target price, a total of 8 firms have reported on the stock. The consensus target price is $54.25 with 5 analysts rating the company a strong buy, two analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and lastly zero brokers rating the stock a sell.

Brief Synopsis On Electronics For Imaging (NASDAQ:EFII)

Electronics For Imaging, Inc. (EFI) is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. The Company operates through three segments: Industrial Inkjet, Productivity Software and Fiery. Its products include industrial super-wide and wide format, label and packaging, and ceramic tile decoration digital inkjet printers that utilizes its digital ink, industrial digital inkjet printer parts and professional services; print production workflow, Web-to-print, cross-media marketing and business process automation solutions, and color digital front ends (DFEs) creating a digital printing ecosystem. Its inks include digital ultra-violet (UV), light emitting diode (LED), ceramic, and thermoforming ink, and various textile ink, including dye sublimation, pigmented, reactive dye, acid dye, and water-based dispersed printing ink.

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