Evercore ISI Group Upgrades Pinterest to Outperform, Announces $41 Price Target
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst Mark Mahaney has upgraded Pinterest (NYSE:PINS) from In-Line to Outperform and set a price target of $41.
July 18, 2023 | 8:41 am
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POSITIVE IMPACT
Pinterest has been upgraded to Outperform by Evercore ISI Group, with a new price target of $41.
The upgrade from Evercore ISI Group is a positive signal for Pinterest. The new price target of $41 suggests that the analyst sees potential for the stock's price to increase. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100