Citigroup and Wells Fargo raise Pinterest's price targets to $51.00 and $48.00, respectively, with both maintaining a buy rating.
Pinterest's (NYSE: PINS) price target was raised to $51.00 by Citigroup, while Wells Fargo & Co. boosted its target price to $48.00; both firms maintain a buy rating on the stock. Other institutions have also issued positive reports on Pinterest, including Evercore ISI raising its price target to $50.00. Los Angeles Capital Management LLC increased its holdings of Pinterest by 2,666.9% during Q4, owning 1.21% of the company.
May 04, 2024
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