RBC Capital Maintains Outperform on Pinterest, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson maintains an Outperform rating on Pinterest (PINS) and raises the price target from $46 to $48.
February 09, 2024 | 4:27 pm
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RBC Capital analyst Brad Erickson maintains an Outperform rating on Pinterest and raises the price target from $46 to $48.
The upgrade in the price target by RBC Capital suggests a positive outlook on Pinterest's stock, likely due to anticipated growth or performance improvements. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100