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Stock Market & Financial Investment News

News Breaks
February 21, 2014
09:22 EDTSSTKShutterstock price target raised to $95 from $75 at Cantor
Cantor increased its price target on Shutterstock after the company reported results that the firm views as strong and raised its 2014 guidance. The firm keeps a Buy rating on the stock.
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June 23, 2015
07:01 EDTSSTKShutterstock partnership positive, says Cantor
After Shutterstock announced an exclusive partnership with PMC, the owner of several well known media brands such as Variety and Women's Wear Daily, Cantor thinks the deal shows that Shutterstock continues to innovate and gain market share. The firm notes that Shutterstock's competitor, Getty, previously had a partnership with PMC. Cantor keeps a $100 price target and Buy rating on Shutterstock.
June 22, 2015
05:46 EDTSSTKShutterstock and Penske Media form editorial imagery and video partnership
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June 17, 2015
08:36 EDTSSTKShutterstock shares oversold after Adobe offering unveiled, says RBC Capital
After Adobe (ADBE) announced its stock images offering, Adobe Stock, RBC Capital thinks that the pricing of the offering is less worse than feared for Shutterstock (SSTK). The firm reiterates an $86 price target and Outperform rating on Shutterstock.
07:11 EDTSSTKWorries about Shutterstock competition overdone, says Cantor
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