Credit Suisse Maintains Neutral on Pinterest, Raises Price Target to $31
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Stephen Ju has maintained a Neutral rating on Pinterest (NYSE:PINS) and raised the price target from $28 to $31.
July 17, 2023 | 11:50 am
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NEUTRAL IMPACT
Credit Suisse has maintained a Neutral rating on Pinterest and raised the price target from $28 to $31.
The news is directly about Pinterest and its stock. The Neutral rating indicates that Credit Suisse does not expect the stock to outperform or underperform the market in the short term. However, the increase in price target could be seen as a positive signal, suggesting that the analyst sees potential for the stock's price to rise. This could have a neutral to slightly positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100