RBC Capital Maintains Outperform on Pinterest, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson has maintained an Outperform rating on Pinterest (NYSE:PINS) and increased the price target from $48 to $52.
May 01, 2024 | 5:07 pm
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RBC Capital has reaffirmed its Outperform rating on Pinterest and raised its price target from $48 to $52.
The increase in the price target by RBC Capital suggests a positive outlook on Pinterest's future performance, likely leading to increased investor confidence and potentially a rise in the stock price in the short term.
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