Citigroup Upgrades Pinterest to Buy, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey has upgraded Pinterest (NYSE:PINS) from Neutral to Buy and raised the price target from $31 to $36.
September 20, 2023 | 10:52 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Pinterest's stock has been upgraded to Buy from Neutral by Citigroup, with a raised price target of $36.
The upgrade from Neutral to Buy by Citigroup indicates a positive outlook for Pinterest. The raised price target from $31 to $36 suggests that the analyst sees potential for the stock's price to increase in the short term. This could lead to a positive impact on Pinterest's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100