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Added to YB: 2024-03-27

Pitch date: 2024-03-26

PINS [bullish]

Pinterest, Inc.

-27.42%

current return

Author Info

No bio for this author

Company Info

Pinterest, Inc. operates as a visual search and discovery platform in the United States, Canada, Europe, and internationally.

Market Cap

$16.9B

Pitch Price

$35.81

Price Target

48.00 (+85%)

Dividend

N/A

EV/EBITDA

42.20

P/E

8.67

EV/Sales

3.55

Sector

Interactive Media and Services

Category

growth

Show full summary:
Pinterest & Google Collaboration? Piper Sandler's Discovery Sparks Interest

PINS: Piper spots new Google ads in Pinterest app, signaling potential US partnership test. Code suggests search-related or retargeted ads. Last seen in Feb. Remains top Mid-Cap pick with $48 PT. Reiterate OW.

Read full article (1 min)