Morgan Stanley Maintains Equal-Weight on Shutterstock, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk has maintained an Equal-Weight rating on Shutterstock (NYSE:SSTK) and lowered the price target from $88 to $83.
August 04, 2023 | 11:33 am
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Morgan Stanley has maintained an Equal-Weight rating on Shutterstock and lowered the price target from $88 to $83.
The lowering of the price target by Morgan Stanley could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100