![]() ![]() Wednesday was the first day trading could begin on the NYSE SSTK, and the opening price was $50.61. According to information from, the current consensus recommendation for Shutterstock is “Moderate Buy,” and the company’s average price target is $87.25. The vast majority of research experts have suggested that investors purchase company shares, and only one of them has suggested that investors keep what they already have in their portfolios. The report contains this information as part of its entirety. In a research study made available to the public on July 27, Truist Financial assigned the company a “buy” rating and decreased its price goal on Shutterstock shares from $120.00 to $100.00. This information was disclosed in a research note published on July 27. Needham & Company LLC downgraded their “buy” rating on shares of Shutterstock and lowered their price objective for the stock from $100.00 to $70.00. They suggested that an interested party purchase the company. The price target for the company has been decided upon as $54.00, and the rating for the company has been changed to “equal weight.” On Thursday, August 25, Redburn Partners released a research report in which they announced the beginning of their coverage of shares on Shutterstock. On July 28, Morgan Stanley released the first research note regarding the firm’s coverage of Shutterstock shares. The previous grade of “b-” that TheStreet had given to Shutterstock was lowered to a “c+” in a research report published on June 16. These analysts have provided their feedback regarding the stock. In addition, several other analysts who focus on stocks and shares have provided their opinions regarding the stock in question. In addition, the recommendation from the investment firm to “buy” the shares of the business services provider was given. The research report on Shutterstock, published on Wednesday by, which marked the beginning of coverage by the website’s investment analysts, was made available for public consumption (NYSE: SSTK). ![]()
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