Pinterest (NYSE:PINS) stock has scored two upward price revisions this week on top of a hefty 15.6% price gain over the past month.
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After Piper Sandler, Goldman Sachs too is viewing the stock favorably and analyst Eric Sheridan has upgraded its rating to a Buy from a Hold while also taking the price target a notch higher to $31 from $24.
Is PINS a Good Stock to Buy?
Overall, though, the Street is still cautiously optimistic about PINS stock with a Moderate Buy consensus rating based on eight Buys and 13 Holds.
Further, the average price target of $26.32 points to a 3.2% potential upside meaning shares are fairly priced after the recent price run-up.
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