BWG Global upgraded its view of Pinterest (PINS) to Positive from Mixed, citing checks that indicated year-over-year advertisement spending growth remained stable during Q1 and met to exceeded almost all sources’ expectations.
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Read More on PINS:
- Closing Bell Movers: Alphabet up 5% after earnings beat
- Pinterest partner outlooks suggest more caution, says Cleveland Research
- Pinterest call volume above normal and directionally bullish
- Pinterest price target lowered to $32.70 from $46.30 at HSBC
- Pinterest price target lowered to $36 from $50 at Stifel
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