Piper Sandler Maintains Overweight on Pinterest, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion has maintained an Overweight rating on Pinterest (NYSE:PINS) and increased the price target from $37 to $40.
November 29, 2023 | 2:54 pm
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Piper Sandler has reaffirmed Pinterest's Overweight rating and raised the price target to $40, indicating a positive outlook on the stock.
The increase in price target by Piper Sandler suggests a bullish outlook on Pinterest, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100