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Bernstein Sticks to Its Buy Rating for Pinterest (PINS)

Tipranks - Tipranks - Wed Apr 1, 7:44AM CDT

Bernstein analyst Mark Shmulik maintained a Buy rating on Pinterest today and set a price target of $20.00.

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Shmulik covers the Communication Services sector, focusing on stocks such as Pinterest, Reddit Inc Class A, and Alphabet Class A. According to TipRanks, Shmulik has an average return of 18.0% and a 62.60% success rate on recommended stocks.

In addition to Bernstein, Pinterest also received a Buy from TipRanks – DeepSeek’s DeepSeek Internet Content and Information in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on Pinterest (NYSE: PINS).

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Based on Pinterest’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.32 billion and a net profit of $277.07 million. In comparison, last year the company earned a revenue of $1.15 billion and had a net profit of $1.85 billion

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