Citi analyst Ronald Josey maintained a Buy rating on Getty Images Holdings (GETY – Research Report) yesterday and set a price target of $6.50. The company’s shares closed yesterday at $4.90.
According to TipRanks, Josey is a top 100 analyst with an average return of 23.7% and a 59.16% success rate. Josey covers the Technology sector, focusing on stocks such as Meta Platforms, Amazon, and Alphabet Class A.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Getty Images Holdings with a $6.33 average price target.
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Based on Getty Images Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $162.32 million and a GAAP net loss of $4.06 million. In comparison, last year the company earned a revenue of $233.33 million and had a net profit of $38.53 million
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GETY in relation to earlier this year.
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CC Neuberger Principal Holdings II is a blank check company.
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