Needham Reiterates Buy on Shutterstock, Maintains $55 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 $55.
October 29, 2024 | 12:59 pm
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Needham analyst Bernie McTernan has reiterated a Buy rating on Shutterstock and maintained a price target of $55, indicating confidence in the company's stock performance.
The reiteration of a Buy rating and maintenance of a $55 price target by Needham suggests a positive outlook for Shutterstock's stock. This can lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
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