As previously reported, Guggenheim upgraded Pinterest (PINS) to Buy from Neutral with a price target of $40, up from $39. User-growth trends remain “healthy” and the firm expects monetization of the user base to grow at above-market rates from 2025-27, the analyst tells investors. With shares down 19% off a recent peak the firm sees “an attractive opportunity to invest in the still early-stage global user, monetization and profit growth opportunity,” the analyst added.
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