Wedbush Maintains Neutral on Pinterest, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt maintains a Neutral rating on Pinterest (NYSE:PINS) but lowers the price target from $46 to $37.
July 31, 2024 | 4:29 pm
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NEGATIVE IMPACT
Wedbush analyst Scott Devitt maintains a Neutral rating on Pinterest but lowers the price target from $46 to $37.
The lowered price target from $46 to $37 by Wedbush 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