Needham Reiterates Buy on Shutterstock, Maintains $76 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reiterated a 'Buy' rating on Shutterstock (NYSE:SSTK) and maintained a price target of $76.
October 02, 2023 | 10:38 am
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Shutterstock's stock rating has been reiterated as 'Buy' by Needham analyst Bernie McTernan, with a maintained price target of $76.
The reiteration of a 'Buy' rating by a Needham analyst indicates a positive outlook for Shutterstock's stock. The maintained price target of $76 suggests 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