Morgan Stanley Maintains Equal-Weight on Shutterstock, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Nowak maintains an Equal-Weight rating on Shutterstock (NYSE:SSTK) and raises the price target from $55 to $58.
July 23, 2024 | 5:26 pm
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POSITIVE IMPACT
Morgan Stanley analyst Brian Nowak maintains an Equal-Weight rating on Shutterstock and raises the price target from $55 to $58.
The raised price target from $55 to $58 by a reputable analyst at Morgan Stanley is a positive signal for investors, indicating potential upside. However, the Equal-Weight rating suggests a neutral stance on the stock's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100