Analyst Ratings for Shutterstock
Portfolio Pulse from Benzinga Insights
Shutterstock (NYSE:SSTK) has received 7 bullish ratings and 1 indifferent rating from analysts in the last quarter. The company has an average 12-month price target of $84.38, representing a 4.84% decrease from the previous average price target of $88.67.
October 02, 2023 | 12:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Shutterstock has received mostly bullish ratings from analysts, which could positively impact its stock price. However, the decrease in the average price target could indicate a potential downside.
While the majority of analyst ratings for Shutterstock are bullish, which is generally positive for the stock price, the decrease in the average price target could indicate a potential downside. This suggests that while analysts are generally positive about the company, they may see less room for growth than previously.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100