Shutterstock (SSTK – Research Report) received a Hold rating and price target from JMP Securities analyst Andrew Boone today. The company’s shares closed last Friday at $52.71.
According to TipRanks, Boone is an analyst with an average return of -25.5% and a 20.37% success rate. Boone covers the Technology sector, focusing on stocks such as Duolingo, Snap, and Upstart Holdings.
Shutterstock has an analyst consensus of Moderate Buy, with a price target consensus of $65.67.
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The company has a one-year high of $115.21 and a one-year low of $44.61. Currently, Shutterstock has an average volume of 333.5K.
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Shutterstock, Inc. engages in the operation of marketplace for licensed content. The firm licenses images, video, music, editorial assets, and custom content tailored to a brand’s needs. It operates through the Content Business and Other Category segments. The Content segment consists of Bigstock, Music, and Editorial. The Other Category segment comprises of webdam. The company was founded by Jonathan Oringer in 2003 and is headquartered in New York, NY.
Read More on SSTK:
- Shutterstock (NYSE:SSTK) Rallies Despite Mixed Quarterly Results
- Shutterstock price target lowered to $47 from $54 at Morgan Stanley
- Shutterstock narrows FY22 adjusted EPS view to $3.75 to $3.80 from $3.65-$3.80
- Shutterstock Reports Third Quarter 2022 Financial Results
- Shutterstock reports Q3 adjusted EPS $1.00, consensus 89c
