Needham Reiterates Buy on Shutterstock, Maintains $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan reiterated a Buy rating on Shutterstock (NYSE:SSTK) and maintained a $60 price target.

February 29, 2024 | 1:44 pm
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Needham analyst Bernie McTernan reiterated a Buy rating on Shutterstock and maintained a $60 price target.
Analyst ratings, especially from reputable firms like Needham, can significantly influence investor sentiment and stock prices. A reiterated Buy rating and a maintained price target suggest confidence in the company's future performance, potentially leading to positive short-term price movement.
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