Jefferies Initiates Coverage On Pinterest with Hold Rating, Announces Price Target of $30
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst James Heaney has initiated coverage on Pinterest (NYSE:PINS) with a Hold rating and a price target of $30.
October 18, 2023 | 9:40 am
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Jefferies has initiated coverage on Pinterest with a Hold rating and a price target of $30. This could potentially influence investor sentiment.
The Hold rating from Jefferies indicates a neutral outlook for Pinterest's stock in the short term. The price target of $30 provides a reference point for investors, which could influence trading decisions. However, the actual impact will depend on how investors interpret and react to this rating and price target.
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IMPORTANCE 70
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