Pixels To Profits - Growth For Getty
GETYGetty Images (GETY) Seeking Alpha·2024-03-12 16:04

ymgerman In my previous article about Getty Images (NYSE:GETY), I assigned a price target of 8pershareandoutlinedthecaseformybullishposition.AheadoftheMarch14thearningscall,Ifelttheneedforacloserexaminationofthecompany′squalitativecharacteristics.Inthisarticle,Imaintainmypricetargetof8 per share and outlined the case for my bullish position. Ahead of the March 14th earnings call, I felt the need for a closer examination of the company's qualitative characteristics. In this article, I maintain my price target of 8 per share based on a rising P/E ratio, Getty's strategic partnership with Nvidia (NVDA), and a forecasted demand growth in the digital licensing segment as a whole. To briefly explain ...