Roth MKM Maintains Neutral on Pinterest, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Rohit Kulkarni has maintained a Neutral rating on Pinterest (PINS) and increased the price target from $38 to $40.
May 01, 2024 | 4:32 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Roth MKM has maintained a Neutral rating on Pinterest but raised the price target from $38 to $40.
The increase in the price target by Roth MKM 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 or market conditions that could favor Pinterest. Investors might view this as a bullish signal, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100