SHUTTERSTOCK (SSTK) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of SHUTTERSTOCK (SSTK) from NEUTRAL to UNDERPERFORM on January 02, 2014, with a target price of $81.60.

Shutterstock, Inc. is a global marketplace for digital imagery. It provides licensed photographs, vectors, illustrations and videos to businesses, marketing agencies and media organizations around the world. The Company's online marketplace provides a freely searchable library of commercial digital images that the users can pay to license, download and incorporate into their work. Shutterstock, Inc. is headquartered in New York.

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