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Pinterest price target lowered to $26 from $40 at UBS

UBS lowered the firm’s price target on Pinterest (PINS) to $26 from $40 and keeps a Buy rating on the shares. Following a weaker-than-expected print and guidance, 2026 revenue and adjusted EBITDA estimates are lowered by 2% and 9%, with the largest impacts in EU and U.S./Canada, the analyst tells investors in a research note.

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