Truist Securities Reiterates Buy on Shutterstock, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali has reiterated a 'Buy' rating on Shutterstock (NYSE:SSTK) and maintained an $85 price target.
September 13, 2023 | 2:19 pm
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POSITIVE IMPACT
Shutterstock's stock rating has been reiterated as 'Buy' by Truist Securities with a maintained price target of $85.
The reiteration of a 'Buy' rating by a reputable analyst like Youssef Squali from Truist Securities is a positive signal for Shutterstock. The maintained price target of $85 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100