tiprankstipranks
Getty Images price target raised to $3.75 from $3.50 at Macquarie
The Fly

Getty Images price target raised to $3.75 from $3.50 at Macquarie

Macquarie raised the firm’s price target on Getty Images (GETY) to $3.75 from $3.50 and keeps a Neutral rating on the shares. The firm says Getty accelerated revenue growth year-over-year in Q3, lapping Hollywood strikes and the worst of agency spending declines. Management increased the low end of its full-year guidance on the improved performance, the analyst tells investors in a research note.

Don't Miss Our Christmas Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App