Piper Sandler Maintains Overweight on Pinterest, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion maintains an Overweight rating on Pinterest (NYSE:PINS) and raises the price target from $48 to $50.
May 01, 2024 | 1:31 pm
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Piper Sandler maintains an Overweight rating on Pinterest and raises the price target from $48 to $50.
The increase in the price target by Piper Sandler 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