Evercore ISI Group Upgrades Pinterest to Outperform, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Mahaney has upgraded Pinterest (NYSE:PINS) from In-Line to Outperform and raised the price target from $30 to $41.
July 17, 2023 | 8:28 pm
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POSITIVE IMPACT
Pinterest's stock has been upgraded to Outperform by Evercore ISI Group, with a raised price target of $41.
The upgrade from Evercore ISI Group is a positive signal for Pinterest. The raised price target suggests that the analyst sees potential for the stock's price to increase in the short term. This could lead to increased investor interest and potentially a rise in the stock's price.
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