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Pinterest price target lowered to $34 from $41 at Piper Sandler

Piper Sandler analyst Thomas Champion lowered the firm’s price target on Pinterest (PINS) to $34 from $41 and keeps a Neutral rating on the shares. The firm is cautious on Pinterest into earnings. Piper’s FY25 revenue and EBITDA fall 2.1% and 2.4%, respectively. Exposure to the home segment and Brand makes the firm nervous, it adds.

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