Pinterest has ‘considerable monetization potential ahead', reckon analysts
Portfolio Pulse from
Wedbush has upgraded Pinterest Inc (NYSE:PINS) to an 'outperform' rating from 'neutral', with a 12-month share price target of $38, citing strong execution in user engagement and monetization strategies.
November 11, 2024 | 3:00 pm
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Wedbush has upgraded Pinterest to 'outperform' with a $38 price target, citing strong execution in user engagement and monetization strategies.
The upgrade to 'outperform' and the increased price target suggest positive sentiment from analysts, likely leading to increased investor interest and potential stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100