UPDATE: Wunderlich Securities Initiates Coverage on Shutterstock on Positive Growth Forecast

In a report published Friday, Wunderlich Securities analyst Blake T. Harper initiated coverage on Shutterstock (NYSE: SSTK ) with a Buy rating and $92.00 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of Shutterstock, Inc. (SSTK) with a Buy rating and $92 price target. We believe