Wedbush Maintains Neutral on Pinterest, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt has maintained a Neutral rating on Pinterest (NYSE:PINS) but increased the price target from $32 to $35.
December 27, 2023 | 1:53 pm
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POSITIVE IMPACT
Wedbush analyst Scott Devitt maintains a Neutral rating on Pinterest but raises the price target from $32 to $35, indicating a potential upside.
The increase in price target from $32 to $35 by a reputable analyst suggests a positive outlook on Pinterest's stock value in the short term. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100