UBS lowered the firm’s price target on Pinterest (PINS) to $46 from $52 and keeps a Buy rating on the shares. Category headwinds from Q3 persist into Q4, notes the analyst, who lowered 2025 revenue estimates by 2% and 2026 revenue estimates by 2.2%. The firm believes that there is a likelihood for Pinterest’s growth rates to recover starting in Q2 of 2025, and certainly by Q3, as the company laps headwinds.
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