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Shutterstock downgraded to Hold from Buy at Truist

Shutterstock downgraded to Hold from Buy at Truist

Truist analyst Youssef Squali downgraded Shutterstock (SSTK) to Hold from Buy with no price target following Q4 results and given its pending merger with Getty Images (GETY). Muted performance and lack of visibility into the combination “pushes us to the sidelines,” the analyst tells investors.

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