Needham Reiterates Buy on Shutterstock, Maintains $90 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Bernie McTernan reiterated a Buy rating on Shutterstock (NYSE:SSTK) and maintained a $90 price target.

May 24, 2023 | 10:32 am
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Needham analyst Bernie McTernan reiterated a Buy rating on Shutterstock and maintained a $90 price target.
The reiteration of a Buy rating and maintenance of a $90 price target by Needham analyst Bernie McTernan indicates a positive outlook for Shutterstock's stock. This news is likely to have a positive short-term impact on the stock price as it reaffirms the analyst's confidence in the company's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100