Pinterest Shares Gained 4.6% in Premarket Trading

Tiger Newspress2022-10-06

Pinterest shares gained 4.6% in premarket trading after Pinterest rated increased to buy at the Goldman Sachs Group.

PINS has been the topic of several other research reports. Susquehanna Bancshares upgraded shares of Pinterest to a "positive" rating and upped their price objective for the company from $22.00 to $35.00 in a report on Tuesday, August 2nd. TheStreet raised shares of Pinterest from a "d+" rating to a "c-" rating in a research report on Tuesday, August 16th. UBS Group boosted their target price on shares of Pinterest from $19.00 to $26.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 2nd. Wolfe Research raised shares of Pinterest from a "peer perform" rating to an "outperform" rating and set a $28.00 price objective for the company in a research report on Wednesday, September 7th. Finally, Evercore ISI upped their price objective on shares of Pinterest from $24.00 to $28.00 and gave the stock an "in-line" rating in a research report on Tuesday, August 2nd. Sixteen analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $29.12.

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