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Pinterest price target lowered to $36 from $41 at Baird

Baird lowered the firm’s price target on Pinterest (PINS) to $36 from $41 and keeps an Outperform rating on the shares. The firm said despite healthy Q3 results, near-term attention will focus on light Q4 revenues and whether it foreshadows slower growth continuing into 2025 on tougher comps.

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