In a report released yesterday, Mark Kelley from Stifel Nicolaus maintained a Buy rating on Pinterest (PINS – Research Report), with a price target of $46.00. The company’s shares closed yesterday at $40.50.
Kelley covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Snap, and Meta Platforms. According to TipRanks, Kelley has an average return of 34.1% and a 72.46% success rate on recommended stocks.
In addition to Stifel Nicolaus, Pinterest also received a Buy from Seaport Global’s Aaron Kessler in a report issued yesterday. However, on May 1, Barclays maintained a Hold rating on Pinterest (NYSE: PINS).
The company has a one-year high of $41.60 and a one-year low of $20.60. Currently, Pinterest has an average volume of 10.43M.
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Pinterest (PINS) Company Description:
Founded in 2000, California-based Pinterest, Inc. provides a visual discovery engine in the United States and internationally. The company operates a pinboard-style photo-sharing website and allows users to create and manage theme-based image collections such as events, interests, and hobbies.
