Shutterstock Enters into Definitive Agreement to Acquire Envato, Featuring Envato Elements, the Unlimited Creative Content Subscription

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Go back to Shutterstock Enters into Definitive Agreement to Acquire Envato, Featuring Envato Elements, the Unlimited Creative Content Subscription

Shutterstock (SSTK) PT Raised to $65 at Needham

May 3, 2024 5:44 AM EDT

Needham analyst Bernie McTernan raised the price target on Shutterstock (NYSE: SSTK) to $65.00 (from $60.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating on SSTK and increase our PT to $65 following an organic guidance raise in 1Q and an... More