In a report released today, Brian White from Monness maintained a Buy rating on Pinterest, with a price target of $40.00.
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Brian White has given his Buy rating due to a combination of factors that highlight Pinterest’s potential for growth and resilience in the digital advertising market. The company has made significant strides in enhancing its platform by improving support for advertisers, upgrading user experience, and expanding shopping capabilities. These efforts are complemented by the infusion of AI across the platform, which is expected to enhance user engagement and operational efficiency.
Additionally, Pinterest is projected to achieve a year-over-year revenue growth of 15% for the second quarter of 2025, indicating a strong performance despite a competitive landscape. The company’s steady growth in daily active users and improvements in average revenue per user further bolster its financial outlook. The healthy state of the digital ad market, as evidenced by the performance of industry leaders like Alphabet and Meta, also supports Pinterest’s growth prospects. These factors collectively contribute to Brian White’s optimistic outlook and Buy rating for Pinterest’s stock.
White covers the Technology sector, focusing on stocks such as Salesforce, Apple, and Snowflake. According to TipRanks, White has an average return of 18.0% and a 67.14% success rate on recommended stocks.
In another report released yesterday, Evercore ISI also maintained a Buy rating on the stock with a $50.00 price target.