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Mizuho Securities Sticks to Its Buy Rating for Pinterest (PINS)

Tipranks - Tipranks - Tue Apr 21, 7:22AM CDT

Mizuho Securities analyst Lloyd Walmsley maintained a Buy rating on Pinterest today and set a price target of $28.00.

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Walmsley covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Snap. According to TipRanks, Walmsley has an average return of 25.0% and a 64.14% success rate on recommended stocks.

Pinterest has an analyst consensus of Moderate Buy, with a price target consensus of $23.23.

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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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