6 Analysts Have This to Say About Shutterstock
Portfolio Pulse from Benzinga Insights
Six analysts have provided ratings for Shutterstock (NYSE:SSTK) in the last quarter, with five being bullish and one indifferent. The average price target given is $89.33, which is significantly higher than the current price of $47.61. This average target has increased by 5.09% from the previous average of $85.00.
June 29, 2023 | 1:01 pm
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Analysts are largely bullish on Shutterstock, with a significantly higher average price target than the current price, indicating potential upside.
The bullish sentiment from analysts, coupled with a significantly higher average price target, suggests that they believe the stock is undervalued and has potential for growth. This could lead to increased investor interest and upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100