Wedbush Maintains Neutral on Pinterest, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt maintains a Neutral rating on Pinterest (NYSE:PINS) and raises the price target from $38 to $44.
May 01, 2024 | 1:40 pm
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Wedbush analyst Scott Devitt maintains a Neutral rating on Pinterest but raises the price target from $38 to $44.
The increase in price target by Wedbush from $38 to $44 suggests a positive outlook on Pinterest's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stock performance improvement, likely influencing investor sentiment positively.
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