Getty Images price target lowered to $5.50 from $6.50 at Citi

Citi lowered the firm’s price target on Getty Images to $5.50 from $6.50 and keeps a Buy rating on the shares. Although Getty’s Q3 results came in above expectations, visibility remains limited near term, the analyst tells investors in a research note. The firm says the Hollywood strike headwinds are likely to persist through the first half of 2024 and Agency revenue remains challenged.