Stifel Upgrades Pinterest to Buy, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Kelley has upgraded Pinterest (NYSE:PINS) from Hold to Buy and raised the price target from $27 to $32.
October 23, 2023 | 9:33 am
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POSITIVE IMPACT
Pinterest has been upgraded from Hold to Buy by Stifel, with a raised price target from $27 to $32.
The upgrade from Hold to Buy by Stifel indicates a positive outlook for Pinterest. The raised price target from $27 to $32 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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100