Market Overview

UPDATE: Morgan Stanley Initiates Coverage on Shutterstock with Equal-Weight Rating

Shutterstock CEO Elaborates On The Penske Media Deal
Analyst: Shutterstock Gains Ground In Content Service

In a report published Monday, Morgan Stanley initiated coverage on Shutterstock (NYSE: SSTK) with an Equal-Weight rating.

Morgan Stanley noted, “Digital stock content provider SSTK is well positioned to benefit from a secular tailwind of proliferating online media and stock content utilization. Although SSTK is growing mid-20% with expanding margins, we initiate at Equal-weight because the risk-reward currently looks balanced.”

Shutterstock closed on Friday at $24.82.

Latest Ratings for SSTK

Jul 2015Morgan StanleyInitiates Coverage onUnderweight
Jun 2015RBC CapitalMaintainsOutperform
May 2015Topeka CapitalInitiates Coverage onBuy

View More Analyst Ratings for SSTK
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Initiation Analyst Ratings


Related Articles (SSTK)

Get Benzinga's Newsletters