Getty Images price target raised to $8 from $7 at Benchmark

Benchmark raised the firm’s price target on Getty Images to $8 from $7 and keeps a Buy rating on the shares. Getty’s better-than-expected Q4 topline results and FY24 guidance reflect reaccelerating Corporate growth following a meaningful deceleration seen in Q3, the analyst tells investors. Following the report, the firm raised its FY24 revenue estimate 2% to $935M, towards the midpoint of guidance, and sees potential upside, the analyst noted.