Deutsche Bank Starts Shutterstock (SSTK) at Hold

November 5, 2012 2:50 PM EST Send to a Friend
Get Alerts SSTK Hot Sheet
Price: $59.23 --0%

Rating Summary:
    4 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 13 | New: 12
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Earlier, Deutsche Bank initiated coverage on Shutterstock (NYSE: SSTK) with a Hold. PT $26.00.

The firm comments, "We believe SSTK is one of the most compelling small cap growth models in our coverage universe, but at 18x 2013 EBITDA, our optimistic view is already priced in, as is upside to consensus estimates for the next several quarters."

For an analyst ratings summary and ratings history on Shutterstock click here. For more ratings news on Shutterstock click here.

Shares of Shutterstock closed at $24.82 yesterday.

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