Needham Maintains Buy on Shutterstock, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan maintains a Buy rating on Shutterstock (NYSE:SSTK) and raises the price target from $60 to $65.
May 03, 2024 | 9:48 am
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POSITIVE IMPACT
Needham analyst Bernie McTernan maintains a Buy rating on Shutterstock and raises the price target from $60 to $65.
The upgrade in Shutterstock's price target by Needham reflects a positive outlook on the company's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100