On Oct 31, major Wall Street analysts update their ratings for $Shutterstock (SSTK.US)$, with price targets ranging from $32 to $56.
Morgan Stanley analyst Matthew Cost maintains with a hold rating, and maintains the target price at $50.
BofA Securities analyst Curtis Nagle maintains with a sell rating, and adjusts the target price from $35 to $32.
Truist Financial analyst Youssef Squali maintains with a buy rating, and sets the target price at $56.
JMP Securities analyst Andrew Boone maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Shutterstock (SSTK.US)$'s main analysts recently are as follows:
Subsequent to the Q3 report, estimates have been revised downward as the implied guidance for Q4 revenue and EBITDA fell short of initial projections, indicating an ongoing sluggishness in the legacy content business.
Here are the latest investment ratings and price targets for $Shutterstock (SSTK.US)$ from 4 analysts:
Note:
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