BMO Capital Initiates Coverage On Pinterest with Outperform Rating, Announces Price Target of $45
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has initiated coverage on Pinterest (NYSE:PINS) with an Outperform rating and set a price target of $45.

January 09, 2024 | 11:28 am
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BMO Capital analyst Brian Pitz initiated coverage on Pinterest with an Outperform rating and a price target of $45, suggesting a positive outlook for the stock.
Analyst ratings can significantly influence investor sentiment and stock prices. An Outperform rating from BMO Capital, along with a price target that suggests upside potential, is likely to be viewed positively by the market. This could lead to increased investor interest and a potential short-term rise in Pinterest's stock price.
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