Roth MKM analyst Rohit Kulkarni lowered the firm’s price target on Pinterest (PINS) to $32 from $33 and keeps a Neutral rating on the shares. The firm is “marginally cautious” on Pinterest shares heading into Q4 earnings, noting that while the company should report upside to expectations, it also believes that the Street and the buyside expectations for Q1 are a “tad bit too high”, the analyst tells investors in a research note.
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