Rosenblatt analyst Barton Crockett raised the firm’s price target on Pinterest (PINS) to $27 from $26 and keeps a Neutral rating on the shares. The company’s Q1 results were better than expected, but its Q2 guidance was "squishy," the analyst tells investors. The firm raises its price target on the stock because a new Amazon (AMZN) partnership looks "interesting," Rosenblatt says.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on PINS:
- Pinterest Stock (NYSE:PINS): Investors Will Regret Selling
- Pinterest price target lowered to $28 from $29 at Credit Suisse
- Pinterest price target lowered to $31 from $32 at Piper Sandler
- Pinterest price target lowered to $34 from $35 at UBS
- Pinterest price target lowered to $28 from $30 at RBC Capital
