In a report released today, Thomas Champion from Piper Sandler maintained a Buy rating on Pinterest (PINS – Research Report), with a price target of $48.00. The company’s shares closed last Friday at $33.54.
Champion covers the Communication Services sector, focusing on stocks such as Pinterest, Meta Platforms, and Alphabet Class A. According to TipRanks, Champion has an average return of 0.1% and a 45.22% success rate on recommended stocks.
Pinterest has an analyst consensus of Moderate Buy, with a price target consensus of $42.90, implying a 27.91% upside from current levels. In a report released on April 4, Wells Fargo also maintained a Buy rating on the stock with a $47.00 price target.
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 10.14M.
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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.
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