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Fly News Breaks for June 17, 2015
ADBE, SSTK
Jun 17, 2015 | 07:11 EDT
After Adobe (ADBE) launched a stock imagery service, Cantor does not expect the offering to have a significant impact on Shutterstock (SSTK). Adobe's prices are not disruptive to Shutterstock, while Shutterstock's imagery solution is superior, according to Cantor, which keeps a $100 price target and Buy rating on Shutterstock.
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