Wells Fargo Maintains Overweight on Pinterest, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski maintains an Overweight rating on Pinterest (NYSE:PINS) but lowers the price target from $49 to $41.
July 31, 2024 | 4:18 pm
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Wells Fargo analyst Ken Gawrelski maintains an Overweight rating on Pinterest but lowers the price target from $49 to $41.
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.
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