Baird Maintains Outperform on Pinterest, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Colin Sebastian maintains an Outperform rating on Pinterest (NYSE:PINS) but lowers the price target from $44 to $41.
July 31, 2024 | 4:14 pm
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Baird analyst Colin Sebastian maintains an Outperform rating on Pinterest but lowers the price target from $44 to $41.
The Outperform rating suggests continued confidence in Pinterest's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100