JP Morgan Maintains Neutral on Pinterest, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains a Neutral rating on Pinterest (NYSE:PINS) but lowers the price target from $44 to $38.
July 31, 2024 | 1:26 pm
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NEGATIVE IMPACT
JP Morgan analyst Doug Anmuth maintains a Neutral rating on Pinterest but lowers the price target from $44 to $38.
The lowered price target from $44 to $38 by JP Morgan suggests a less optimistic outlook for Pinterest's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100