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Pinterest Reports Healthy Q3, Q4 Guidance Disappoints: 6 Analysts Cut Forecasts — Will AI Tools 'Start To Help' In 2025?

Benzinga ·  00:58

Shares ofPinterest Inc(NYSE:PINS) tumbled in early trading on Friday, after the company reported downbeat third-quarter earnings.

The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.

  • Piper Sandler analyst Thomas Champion maintained an Overweight rating and reduced the price target from $45 to $41.
  • JPMorgan analyst Doug Anmuth reiterated a Neutral rating and cut the price target from $38 to $35.
  • BofA Securities analyst Justin Post reaffirmed a Buy rating and slashed the price target from $45 to $39.
  • Wedbush analyst Scott Devitt maintained a Neutral rating, but lifted the price target from $37 to $38.
  • Roth Capital...
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