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Goldman Sachs analyst Eric Sheridan reiterated a Buy rating on Pinterest, Inc. PINS on Friday, raising the price forecast from $40 to $42.
"Pinterest is where Gen Z goes to shop.
Get more equity coverage like this on the Stock Movers podcast from Bloomberg, featuring five-minute episodes on the winners and losers in the stock market. Subscribe here: https://link.podtrac.com/h0zn7xir On this episode of Stock Movers: • Lyft (LYFT) shares surged on results that were released after the bell on Thursday.
PINS reports top-line growth year over year in Q1, backed by healthy demand across several sectors and AI integration.
Meta stock, Reddit and Pinterest were hit hard by tariff fears. But the companies each offered upbeat views for Q2 sales.
Shares of Pinterest Inc (NYSE:PINS) are up 10.7% at $30.83 at last glance, after the social media platform issued a stronger-than-expected current-quarter forecast.
It's all green arrows on this morning's earnings movers. The Trade Desk (TTD) was the biggest winner Friday morning, up over 20% following its latest earnings report.
US stocks rise as trade optimism boosts sentiment. S&P500 climbs with Lyft, Pinterest, and Microchip among hot stocks to watch heading into China talks.
Pinterest reported first-quarter results and gave revenue guidance that was “worthy of a Friday rally.”
Here's our initial take on Pinterest's (PINS 2.25%) financial report.