The price target for $PINS was reduced by research analysts at Barclays from $24.00 to $20.00 in a report released on Tuesday, according to The Fly. Currently, the stock is given an “equal weight” rating by the company.
On Tuesday, May 31st, TheStreet downgraded Pinterest from a “c” rating to a “d+” rating. In a research report published on Thursday, April 28th, Susquehanna reduced their target price on Pinterest from $32.00 to $22.00.
In a post released on Thursday, March 17th, Cleveland Research downgraded Pinterest from a “buy” recommendation to a “neutral” one.
In a post released on Wednesday, April 20, KeyCorp lowered its price objective for Pinterest from $37 to $36 while maintaining a “overweight” rating for the business.
In a report released on Thursday, April 28th, Wedbush reduced their price objective on Pinterest from $39.00 to $26.00. Five research analysts have given the firm a buy rating, while 20 have given the stock a hold rating.