BUZZ-Pinterest rises after Guggenheim upgrades to 'buy'

Reuters03-24

** Shares of image-sharing platform Pinterest PINS.N rise 4.4% to $33.83 in premarket trading

** Guggenheim upgrades PINS to "buy" from "neutral", raises target price to $40 from $39

** "We believe that the recent share price pullback creates an attractive opportunity to invest in the still early-stage global user, monetization and profit growth opportunity at Pinterest," brokerage says

** Guggenheim expects monetization of the user base to grow at above-market rates from 2025-27, fueled by further volume growth and AI-enabled advertising performance improvements

** 31 of 41 brokerages rate the stock "buy" or higher, 9 "hold" and 1 "sell"; median PT is $46.3 - data compiled by LSEG

** Stock had fallen 21.7% in 2024

(Reporting by Harshita Mary Varghese in Bengaluru)

((HarshitaMary.Varghese@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2521745537?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-03-24 18:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2521745537","market":"us","top_or_hot":-1,"title":"BUZZ-Pinterest rises after Guggenheim upgrades to 'buy'","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Pinterest rises after Guggenheim upgrades to 'buy'</title></head><body><p>** Shares of image-sharing platform Pinterest <span>PINS.N</span> rise 4.4% to $33.83 in premarket trading</p><p>** Guggenheim upgrades PINS to \"buy\" from \"neutral\", raises target price to $40 from $39</p><p>** \"We believe that the recent share price pullback creates an attractive opportunity to invest in the still early-stage global user, monetization and profit growth opportunity at Pinterest,\" brokerage says</p><p>** Guggenheim expects monetization of the user base to grow at above-market rates from 2025-27, fueled by further volume growth and AI-enabled advertising performance improvements</p><p>** 31 of 41 brokerages rate the stock \"buy\" or higher, 9 \"hold\" and 1 \"sell\"; median PT is $46.3 - data compiled by LSEG</p><p>** Stock had fallen 21.7% in 2024</p><p> (Reporting by Harshita Mary Varghese in Bengaluru)</p><p> ((HarshitaMary.Varghese@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Pinterest rises after Guggenheim upgrades to 'buy'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Pinterest rises after Guggenheim upgrades to 'buy'\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-03-24 18:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Pinterest rises after Guggenheim upgrades to 'buy'</title></head><body><p>** Shares of image-sharing platform Pinterest <span>PINS.N</span> rise 4.4% to $33.83 in premarket trading</p><p>** Guggenheim upgrades PINS to \"buy\" from \"neutral\", raises target price to $40 from $39</p><p>** \"We believe that the recent share price pullback creates an attractive opportunity to invest in the still early-stage global user, monetization and profit growth opportunity at Pinterest,\" brokerage says</p><p>** Guggenheim expects monetization of the user base to grow at above-market rates from 2025-27, fueled by further volume growth and AI-enabled advertising performance improvements</p><p>** 31 of 41 brokerages rate the stock \"buy\" or higher, 9 \"hold\" and 1 \"sell\"; median PT is $46.3 - data compiled by LSEG</p><p>** Stock had fallen 21.7% in 2024</p><p> (Reporting by Harshita Mary Varghese in Bengaluru)</p><p> ((HarshitaMary.Varghese@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250324:nL3N3Q70R5:1","article_id":"2521745537","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521745537","pubTimestamp":1742813828,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Pinterest rises after Guggenheim upgrades to 'buy'** Shares of image-sharing platform Pinterest PINS.N rise 4.4% to $33.83 in premarket trading** Guggenheim upgrades PINS to \"buy\" from \"neutral\",","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"古根海姆博物馆升级至“买入”后，巴兹-Pinterest股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PINS":0.9},"content_text":"BUZZ-Pinterest rises after Guggenheim upgrades to 'buy'** Shares of image-sharing platform Pinterest PINS.N rise 4.4% to $33.83 in premarket trading** Guggenheim upgrades PINS to \"buy\" from \"neutral\", raises target price to $40 from $39** \"We believe that the recent share price pullback creates an attractive opportunity to invest in the still early-stage global user, monetization and profit growth opportunity at Pinterest,\" brokerage says** Guggenheim expects monetization of the user base to grow at above-market rates from 2025-27, fueled by further volume growth and AI-enabled advertising performance improvements** 31 of 41 brokerages rate the stock \"buy\" or higher, 9 \"hold\" and 1 \"sell\"; median PT is $46.3 - data compiled by LSEG** Stock had fallen 21.7% in 2024 (Reporting by Harshita Mary Varghese in Bengaluru) ((HarshitaMary.Varghese@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2521745537"}