TD Cowen raised the firm’s price target on Pinterest (PINS) to $46 from $38 and keeps a Buy rating on the shares. The firm raisedlong-term estimates on expectation for durable long-term revenue growth driven by initiatives including AI-led engagement and ad load growth performance and third party partnerships;
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Read More on PINS:
- Pinterest price target raised to $45 from $38 at Deutsche Bank
- Pinterest price target raised to $42 from $34 at Raymond James
- Pinterest price target raised to $50 from $40 at Oppenheimer
- Pinterest price target raised to $50 from $48 at RBC Capital
- Pinterest price target raised to $39 from $32 at Roth MKM