Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.

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Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.

Barrons2021-03-23

Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in ...

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GTJW18
·2021-03-23
Can’t see how they will turn around soon. Need more restructuring like Twitter did.
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1
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SC2021
·2021-03-23
Pin Interest
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3
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- Nasha:
  Same! [微笑]
  2021-03-23
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- Rahyenong:
  Same
  2021-03-23
  Reply
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- SC2021:
  Not interested
  2021-03-23
  Reply
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新運股
·2021-03-23
Wow
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- Sinktel:
  ho-ld
  2021-03-24
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Jarodfoo
·2021-03-23
Oh no, my favourite$Pinterest, Inc.(PINS)$
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lilJ
·2021-03-23
Omg
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wijaya
·2021-03-23
Omg
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2
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Pinterest shares have surged nearly 500% in ...</p>\n\n<a href=\"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","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>Pinterest and Snap Stock Just Got Downgraded. 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Why Their Runs Could Be Over.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 16:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in ...</p>\n\n<a href=\"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNAP","symbol_name":"Snap Inc","start_time":0,"source_url":"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1","article_id":"1118727273","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1118727273","pubTimestamp":1616489304,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks s","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNAP":"Snap Inc","PINS":"Pinterest, Inc."},"translate_title":"Pinterest和SNAP的股票刚刚被降级。为什么他们的逃亡会结束。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PINS":0.9,"SNAP":0.9},"content_text":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.\nBut BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.\nShares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.\nBoth stocks are well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.\nPost says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.\n“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”\nAccordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.\nIn the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The rapid rise in the 10-year Treasury yield suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.\nHigher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.\nOf the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.\nSnap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The S&P 500 index rose 70% and the Nasdaq Composite is nearly 100% higher.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":353617462,"gmtCreate":1616491332156,"gmtModify":1704794769746,"author":{"id":"3577494129956329","authorId":"3577494129956329","name":"GTJW18","avatar":"https://static.tigerbbs.com/bdc73e3995547244b0590dcc69b966ef","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3577494129956329","idStr":"3577494129956329"},"htmlText":"Can’t see how they will turn around soon. Need more restructuring like Twitter did.","listText":"Can’t see how they will turn around soon. Need more restructuring like Twitter did.","text":"Can’t see how they will turn around soon. Need more restructuring like Twitter did.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353617462","repostId":1118727273,"repostType":4,"repost":{"id":"1118727273","pubTimestamp":1616489304,"share":"https://ttm.financial/m/news/1118727273?lang=&edition=fundamental","pubTime":"2021-03-23 16:48","market":"us","language":"en","title":"Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.","url":"https://stock-news.laohu8.com/highlight/detail?id=1118727273","media":"Barrons","summary":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks s","content":"<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.</p>\n<p>But BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.</p>\n<p>Shares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.</p>\n<p>Both stocks are&nbsp;well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.</p>\n<p>Post says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.</p>\n<p>“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”</p>\n<p>Accordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.</p>\n<p>In the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The&nbsp;rapid rise in the 10-year Treasury yield&nbsp;suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.</p>\n<p>Higher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.</p>\n<p>Of the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.</p>\n<p>Snap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The&nbsp;S&amp;P 500 index&nbsp;rose 70% and the&nbsp;Nasdaq Composite&nbsp;is nearly 100% higher.</p>","source":"lsy1601382232898","collect":0,"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>Pinterest and Snap Stock Just Got Downgraded. 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Why Their Runs Could Be Over.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 16:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in ...</p>\n\n<a href=\"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","PINS":"Pinterest, Inc."},"source_url":"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118727273","content_text":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.\nBut BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.\nShares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.\nBoth stocks are well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.\nPost says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.\n“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”\nAccordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.\nIn the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The rapid rise in the 10-year Treasury yield suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.\nHigher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.\nOf the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.\nSnap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The S&P 500 index rose 70% and the Nasdaq Composite is nearly 100% higher.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353634733,"gmtCreate":1616490217622,"gmtModify":1704794754176,"author":{"id":"3574796007598692","authorId":"3574796007598692","name":"SC2021","avatar":"https://static.tigerbbs.com/7db1014f5edc3cd0a7562d4262d0a5a5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574796007598692","idStr":"3574796007598692"},"htmlText":"Pin Interest","listText":"Pin Interest","text":"Pin Interest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/353634733","repostId":1118727273,"repostType":4,"repost":{"id":"1118727273","pubTimestamp":1616489304,"share":"https://ttm.financial/m/news/1118727273?lang=&edition=fundamental","pubTime":"2021-03-23 16:48","market":"us","language":"en","title":"Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.","url":"https://stock-news.laohu8.com/highlight/detail?id=1118727273","media":"Barrons","summary":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks s","content":"<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.</p>\n<p>But BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.</p>\n<p>Shares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.</p>\n<p>Both stocks are&nbsp;well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.</p>\n<p>Post says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.</p>\n<p>“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”</p>\n<p>Accordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.</p>\n<p>In the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The&nbsp;rapid rise in the 10-year Treasury yield&nbsp;suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.</p>\n<p>Higher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.</p>\n<p>Of the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.</p>\n<p>Snap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The&nbsp;S&amp;P 500 index&nbsp;rose 70% and the&nbsp;Nasdaq Composite&nbsp;is nearly 100% higher.</p>","source":"lsy1601382232898","collect":0,"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>Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.</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\">\nPinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 16:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in ...</p>\n\n<a href=\"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","PINS":"Pinterest, Inc."},"source_url":"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118727273","content_text":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.\nBut BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.\nShares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.\nBoth stocks are well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.\nPost says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.\n“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”\nAccordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.\nIn the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The rapid rise in the 10-year Treasury yield suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.\nHigher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.\nOf the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.\nSnap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The S&P 500 index rose 70% and the Nasdaq Composite is nearly 100% higher.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3862559,"gmtCreate":1616498724551,"gmtModify":1680781412061,"authorId":3577789662436983,"author":{"id":3577789662436983,"idStr":"3577789662436983","authorId":3577789662436983,"name":"Nasha","avatar":"https://static.tigerbbs.com/423308c1e8626e4d409b32e0692201ba","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353634733,"type":1,"supId":0,"prevId":0,"content":"Same! [微笑]","text":"Same! [微笑]","html":"Same! [微笑]"},{"id":3862007,"gmtCreate":1616493482959,"gmtModify":1680781406554,"authorId":3575639353998529,"author":{"id":3575639353998529,"idStr":"3575639353998529","authorId":3575639353998529,"name":"Rahyenong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353634733,"type":1,"supId":0,"prevId":0,"content":"Same","text":"Same","html":"Same"},{"id":3861677,"gmtCreate":1616490238481,"gmtModify":1680781395190,"authorId":3574796007598692,"author":{"id":3574796007598692,"idStr":"3574796007598692","authorId":3574796007598692,"name":"SC2021","avatar":"https://static.tigerbbs.com/7db1014f5edc3cd0a7562d4262d0a5a5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353634733,"type":1,"supId":0,"prevId":0,"content":"Not interested","text":"Not interested","html":"Not interested"}],"langContent":"EN"},{"id":353632552,"gmtCreate":1616490008376,"gmtModify":1704794751725,"author":{"id":"3554930019589170","authorId":"3554930019589170","name":"新運股","avatar":"https://static.tigerbbs.com/96dbdc016b8e3ed8f796ebddecd0b2ca","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3554930019589170","idStr":"3554930019589170"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353632552","repostId":1118727273,"repostType":4,"repost":{"id":"1118727273","pubTimestamp":1616489304,"share":"https://ttm.financial/m/news/1118727273?lang=&edition=fundamental","pubTime":"2021-03-23 16:48","market":"us","language":"en","title":"Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.","url":"https://stock-news.laohu8.com/highlight/detail?id=1118727273","media":"Barrons","summary":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks s","content":"<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.</p>\n<p>But BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.</p>\n<p>Shares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.</p>\n<p>Both stocks are&nbsp;well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.</p>\n<p>Post says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.</p>\n<p>“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”</p>\n<p>Accordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.</p>\n<p>In the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The&nbsp;rapid rise in the 10-year Treasury yield&nbsp;suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.</p>\n<p>Higher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.</p>\n<p>Of the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.</p>\n<p>Snap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The&nbsp;S&amp;P 500 index&nbsp;rose 70% and the&nbsp;Nasdaq Composite&nbsp;is nearly 100% higher.</p>","source":"lsy1601382232898","collect":0,"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>Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.</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\">\nPinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 16:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in ...</p>\n\n<a href=\"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","PINS":"Pinterest, Inc."},"source_url":"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118727273","content_text":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.\nBut BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.\nShares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.\nBoth stocks are well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.\nPost says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.\n“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”\nAccordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.\nIn the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The rapid rise in the 10-year Treasury yield suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.\nHigher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.\nOf the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.\nSnap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The S&P 500 index rose 70% and the Nasdaq Composite is nearly 100% higher.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3869496,"gmtCreate":1616573095434,"gmtModify":1680781514982,"authorId":3553486312989116,"author":{"id":3553486312989116,"idStr":"3553486312989116","authorId":3553486312989116,"name":"Sinktel","avatar":"https://static.tigerbbs.com/dded9bdf22ca014f2486ae356ebd46bb","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353632552,"type":1,"supId":0,"prevId":0,"content":"<u>ho-ld</u>","text":"<u>ho-ld</u>","html":"<u>ho-ld</u>"}],"langContent":"EN"},{"id":353638638,"gmtCreate":1616489878224,"gmtModify":1704794749121,"author":{"id":"3566785991987276","authorId":"3566785991987276","name":"Jarodfoo","avatar":"https://static.tigerbbs.com/f7ebc3aa8d7dbb290f660c5698fc6f63","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"3566785991987276","idStr":"3566785991987276"},"htmlText":"Oh no, my favourite<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>","listText":"Oh no, my favourite<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>","text":"Oh no, my favourite$Pinterest, Inc.(PINS)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353638638","repostId":1118727273,"repostType":4,"repost":{"id":"1118727273","pubTimestamp":1616489304,"share":"https://ttm.financial/m/news/1118727273?lang=&edition=fundamental","pubTime":"2021-03-23 16:48","market":"us","language":"en","title":"Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.","url":"https://stock-news.laohu8.com/highlight/detail?id=1118727273","media":"Barrons","summary":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks s","content":"<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.</p>\n<p>But BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.</p>\n<p>Shares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.</p>\n<p>Both stocks are&nbsp;well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.</p>\n<p>Post says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.</p>\n<p>“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”</p>\n<p>Accordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.</p>\n<p>In the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The&nbsp;rapid rise in the 10-year Treasury yield&nbsp;suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.</p>\n<p>Higher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.</p>\n<p>Of the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.</p>\n<p>Snap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The&nbsp;S&amp;P 500 index&nbsp;rose 70% and the&nbsp;Nasdaq Composite&nbsp;is nearly 100% higher.</p>","source":"lsy1601382232898","collect":0,"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>Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.</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\">\nPinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 16:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in ...</p>\n\n<a href=\"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","PINS":"Pinterest, Inc."},"source_url":"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118727273","content_text":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.\nBut BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.\nShares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.\nBoth stocks are well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.\nPost says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.\n“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”\nAccordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.\nIn the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The rapid rise in the 10-year Treasury yield suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.\nHigher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.\nOf the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.\nSnap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The S&P 500 index rose 70% and the Nasdaq Composite is nearly 100% higher.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353639687,"gmtCreate":1616489519949,"gmtModify":1704794744887,"author":{"id":"3578716491218367","authorId":"3578716491218367","name":"lilJ","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3578716491218367","idStr":"3578716491218367"},"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353639687","repostId":1118727273,"repostType":4,"repost":{"id":"1118727273","pubTimestamp":1616489304,"share":"https://ttm.financial/m/news/1118727273?lang=&edition=fundamental","pubTime":"2021-03-23 16:48","market":"us","language":"en","title":"Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.","url":"https://stock-news.laohu8.com/highlight/detail?id=1118727273","media":"Barrons","summary":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks s","content":"<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.</p>\n<p>But BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.</p>\n<p>Shares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.</p>\n<p>Both stocks are&nbsp;well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.</p>\n<p>Post says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.</p>\n<p>“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”</p>\n<p>Accordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.</p>\n<p>In the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The&nbsp;rapid rise in the 10-year Treasury yield&nbsp;suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.</p>\n<p>Higher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.</p>\n<p>Of the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.</p>\n<p>Snap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The&nbsp;S&amp;P 500 index&nbsp;rose 70% and the&nbsp;Nasdaq Composite&nbsp;is nearly 100% higher.</p>","source":"lsy1601382232898","collect":0,"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>Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.</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\">\nPinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 16:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in ...</p>\n\n<a href=\"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","PINS":"Pinterest, Inc."},"source_url":"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118727273","content_text":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.\nBut BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.\nShares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.\nBoth stocks are well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.\nPost says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.\n“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”\nAccordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.\nIn the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The rapid rise in the 10-year Treasury yield suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.\nHigher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.\nOf the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.\nSnap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The S&P 500 index rose 70% and the Nasdaq Composite is nearly 100% higher.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353697404,"gmtCreate":1616489365208,"gmtModify":1704794742609,"author":{"id":"3555232053824511","authorId":"3555232053824511","name":"wijaya","avatar":"https://static.tigerbbs.com/255d4806b3f425149d984aac10e59fbb","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3555232053824511","idStr":"3555232053824511"},"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353697404","repostId":1118727273,"repostType":4,"repost":{"id":"1118727273","pubTimestamp":1616489304,"share":"https://ttm.financial/m/news/1118727273?lang=&edition=fundamental","pubTime":"2021-03-23 16:48","market":"us","language":"en","title":"Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.","url":"https://stock-news.laohu8.com/highlight/detail?id=1118727273","media":"Barrons","summary":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks s","content":"<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.</p>\n<p>But BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.</p>\n<p>Shares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.</p>\n<p>Both stocks are&nbsp;well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.</p>\n<p>Post says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.</p>\n<p>“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”</p>\n<p>Accordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.</p>\n<p>In the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The&nbsp;rapid rise in the 10-year Treasury yield&nbsp;suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.</p>\n<p>Higher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.</p>\n<p>Of the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.</p>\n<p>Snap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The&nbsp;S&amp;P 500 index&nbsp;rose 70% and the&nbsp;Nasdaq Composite&nbsp;is nearly 100% higher.</p>","source":"lsy1601382232898","collect":0,"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>Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.</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\">\nPinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 16:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in ...</p>\n\n<a href=\"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","PINS":"Pinterest, Inc."},"source_url":"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118727273","content_text":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.\nBut BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.\nShares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.\nBoth stocks are well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.\nPost says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.\n“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”\nAccordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.\nIn the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The rapid rise in the 10-year Treasury yield suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.\nHigher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.\nOf the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.\nSnap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The S&P 500 index rose 70% and the Nasdaq Composite is nearly 100% higher.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":14,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}