Wedbush Initiates Coverage On Pinterest with Neutral Rating, Announces Price Target of $30
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Ygal Arounian has initiated coverage on Pinterest (NYSE:PINS) with a Neutral rating and a price target of $30.
August 22, 2023 | 8:10 am
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NEUTRAL IMPACT
Pinterest has been given a Neutral rating by Wedbush with a price target of $30.
The Neutral rating from Wedbush indicates that the analyst believes Pinterest's stock will perform as well as the overall market or its sector in the near future. The price target of $30 provides a reference point for investors, indicating where the analyst believes the stock's price will be in the future. This could potentially influence investor sentiment and the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100