Guggenheim lowered the firm’s price target on Pinterest (PINS) to $33 from $37 and keeps a Neutral rating on the shares. The firm’s 2025 Pinterest revenue growth estimate is now 15.5%, down from 16.5% previously, but remains ahead of consensus at 15.1%, the analyst tells investors in a preview note for the digital advertising group. Among the group, the firm continues to view Meta (META) and Reddit (RDDT) as best positioned with several foreseeable tailwinds, the analyst noted.
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