Piper Sandler Maintains Overweight on Pinterest, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion maintains an Overweight rating on Pinterest (NYSE:PINS) but lowers the price target from $52 to $45.
July 31, 2024 | 11:21 am
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Piper Sandler analyst Thomas Champion maintains an Overweight rating on Pinterest but lowers the price target from $52 to $45.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100