Piper Sandler lowered the firm’s price target on Pinterest (PINS) to $41 from $45 and keeps an Overweight rating on the shares after Q3 earnings. The firm said it remains constructive here but acknowledges a “choppier” picture. Piper added it is now looking for a contribution from Performance+ which won’t appear until Q1.
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Read More on PINS:
- Pinterest price target lowered to $43 from $45 at Seaport Research
- Pinterest price target lowered to $33 from $39 at Roth MKM
- Pinterest price target lowered to $39 from $45 at BofA
- Pinterest price target lowered to $40 from $45 at Oppenheimer
- Pinterest price target lowered to $36 from $41 at Baird
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