Analyst Sterling Auty downgraded the stock to neutral, after being at overweight since he started covering it in May 2016, a month after the IPO. He lowered his stock price target to $12, which was below the $14 IPO price for the first time, from $15. Although the company beat fiscal third-quarter loss-per-share and sales expectations, the company provided a downbeat outlook for the current quarter, which Auty said might reflect caution following the departure of Chief Revenue Officer Jason Capitel in October.
1 Wedding invitation costs can range from $1.50 each with do-it-yourself kits from craft stores to $3 or $4 each for mid-range standardized invitations on mid-weight paper to $9 or more each for invitations that use a high-end printing process -- such as engraving or letterpress -- on quality handmade or silk paper. The per-invitation cost goes up with extra folds -- tri-fold costs more than bi-fold -- or lining on the invitations or envelopes. 2  The average couple spends $659 on invitations and reply-cards, according to The Bridal Association of America.
The majority of wedding guests who are friends of the bride and groom spent less than $100 for a gift, according to a 2010 survey by TheKnot.com. Relatives shelled out an average of $146 on wedding gifts and were twice as likely to spend more than $100 compared with friends of the couple. 1 î 2:28 Now watching Up next How to Buy the Perfect Wedding Gift Wedding etiquette tips on how much you should give from Jessica Silvester, Senior Editor of New York Magazine.