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Pinterest (NYSE:PINS) Price Target Cut to $20.00
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 […]
DOW Futures Plunge More Than 2% After Swiss National Bank Unexpectedly Hikes Rates by Half a Point
The central bank increased its policy rate to -0.25% from the -0.75% level it has deployed since 2015. The hike was the first increase by the SNB since September 2007. On Thursday, the Swiss National Bank hiked its policy interest rate for the first time in 15 years, joining other central banks in quantitative tightening […]