Wedbush Maintains Neutral on Pinterest, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt maintains a Neutral rating on Pinterest (NYSE:PINS) and raises the price target from $35 to $38.
February 09, 2024 | 2:00 pm
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Wedbush analyst Scott Devitt maintains a Neutral rating on Pinterest but raises the price target from $35 to $38.
The increase in the price target by a reputable analyst suggests a positive outlook on Pinterest's stock value in the short term, despite the Neutral rating. This could lead to increased investor confidence and a potential uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100