Pinterest price target raised to $25 from $20 at JPMorgan

JPMorgan raised the firm’s price target on Pinterest (PINS) to $25 from $20 and keeps a Neutral rating on the shares. The company’s Q1 report and Q2 guidance was better than feared, the analyst tells investors in a research note. JPMorgan says Pinterest is seeing signs of stabilization as well as AI-driven advertising stack improvements later in the quarter.