Morgan Stanley Boosts Pinterest (NYSE:PINS) Price Target to $36.00

Q: How did Pinterest stock react to Morgan Stanley's downward price target adjustment?

S ocial e-commerce company Pinterest, Inc.’s ($PINS) stock retreated early Tuesday as traders reacted to Morgan Stanley's downward price target adjustment. In a note released late Monday, Morgan Stanley analyst Brian Nowak maintained an ‘Equal-Weight’ rating for Pinterest stock and reduced the price target from $37 to $35.

Q: Is Pinterest stock a 'equal-weight' stock?

In a note released late Monday, Morgan Stanley analyst Brian Nowak maintained an ‘Equal-Weight’ rating for Pinterest stock and reduced the price target from $37 to $35. The new price target, which assumes a compounded annual growth rate of about 14% for revenue between 2024 and 2028, suggests 15.5% upside potential from current levels.

Q: Why is Morgan Stanley preparing for a tough quarter?

Morgan Stanley said the company's next few quarters will likely see challenging comps due to food and beverage weakness, leap day, and forex benefits. The firm said these will likely hold back growth, offsetting the benefits from micro-level innovation.

Q: Did Pinterest expand its reseller partnerships in 2024?

“Plus, Pinterest expanded its reseller partnerships in 2024,” Monness analysts added. “As the platform has become more actionable, Pinterest has captured a higher percentage of ad spend from its largest advertisers and a similar phenomenon is expected with the next cohort of retailers.”

Q: How much debt does pinterest have?

Pinterest's debt levels have remained relatively low, with the company carrying only $581 million in long-term debt as of the end of 2022. Pinterest's valuation metrics have fluctuated recently, with the company's price-to-earnings and price-to-book ratios increasing above industry averages.

22 hours ago · Pinterest (NYSE:PINS – Get Free Report) had its price objective hoisted by equities research analysts at Morgan Stanley from $35.00 to $36.00 in a research note issued …

$36.00
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Morgan Stanley Boosts Pinterest (NYSE:PINS) Price Target To $36.00

2 weeks from now

22 hours ago · Pinterest (NYSE:PINS – Get Free Report) had its price objective hoisted by equities research analysts at Morgan Stanley from $35.00 to $36.00 in a research note issued …

etfdailynews.com

$35.00
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Morgan Stanley Increases Pinterest (NYSE:PINS) Price Target To …

2 weeks from now

3 days ago · Pinterest (NYSE:PINS - Get Free Report) had its price objective upped by analysts at Morgan Stanley from $35.00 to $36.00 in a research note issued to investors on …

marketbeat.com

$36.00
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Morgan Stanley Reaffirms Their Hold Rating On Pinterest (PINS)

2 weeks from now

3 days ago · In a report released today, Brian Nowak from Morgan Stanley maintained a Hold rating on Pinterest (PINS – Research Report), with a price target of $36.00. The company’s …

businessinsider.com

$36
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Pinterest Price Target Raised To $36 From $35 At Morgan Stanley

2 weeks from now

3 days ago · Morgan Stanley raised the firm’s price target on Pinterest to $36 from $35 and keeps an Equal Weight rating on the shares. The firm sees GPU enabled and GenAI tool adoption …

businessinsider.com

$36
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Morgan Stanley Lifts Price Target On Pinterest To $36 From $35, …

2 weeks from now

2 days ago · -- Pinterest has an average rating of overweight and mean price target of $39.29, according to analysts polled by FactSet. ...

marketscreener.com

$35.00
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Pinterest (NYSE:PINS) Receives Hold Rating From Benchmark

2 weeks from now

Nov 8, 2024 · Morgan Stanley boosted their price objective on shares of Pinterest from $35.00 to $38.00 and gave the company an "equal weight" rating in a research report on Tuesday, July …

marketbeat.com

$43.05
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Morgan Stanley Maintains Pinterest Inc - (PINS) Equal-Weight

2 weeks from now

As of August 2, 2023, the average one-year price target for Pinterest Inc - is 30.87. The forecasts range from a low of 19.19 to a high of $43.05. The forecasts range from a low of 19.19 to a …

nasdaq.com

$38
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Pinterest Price Target Raised To $38 From $35 At Morgan Stanley

2 weeks from now

Jul 23, 2024 · Morgan Stanley raised the firm’s price target on Pinterest (PINS) to $38 from $35 and keeps an Equal Weight rating on the shares. The firm previewed Q2 EPS for the<...

tipranks.com

$37
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Pinterest Stock Dips After Price Target Cut, Trump’s Meeting With ...

2 weeks from now

In a note released late Monday, Morgan Stanley analyst Brian Nowak maintained an ‘Equal-Weight’ rating for Pinterest stock and reduced the price target from $37 to $35. The new price …

msn.com

$35
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Pinterest, Inc. Stock (PINS) - Quote Nyse- MarketScreener

2 weeks from now

5 days ago · Morgan Stanley Trims Price Target on Pinterest to $35 From $37, Keeps Equalweight Rating Dec. 17: MT Piper Sandler Downgrades Pinterest to Neutral From …

marketscreener.com

$35
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Pinterest Price Target Lowered To $35 From $37 At Morgan Stanley

2 weeks from now

Dec 17, 2024 · Morgan Stanley lowered the firm’s price target on Pinterest (PINS) to $35 from $37 and keeps an Equal Weight rating on the shares. The company needs to durably maintain …

nasdaq.com

$44.00
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Morgan Stanley Upgrades Pinterest Inc (PINS) To Overweight

2 weeks from now

Morgan Stanley analyst Brian Nowak upgraded Pinterest Inc (NYSE: PINS) from Equalweight to Overweight with a price target of $44.00 (from $34.00). For an analyst ratings summary and...

streetinsider.com

$39
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Analyst Expectations For Pinterest's Future - Benzinga

2 weeks from now

5 days ago · Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $39.0, along with a high estimate of $48.00 and a low estimate …

benzinga.com

22%
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Pinterest Stock Lifted To Buy On Strategic Initiatives, Improving ...

2 weeks from now

5 days ago · The brokerage firm has set a 12-month price target for Pinterest at $40, based on its 20x CY2025 pro forma EPS estimate. Over the past three years, sales have risen 22% …

yahoo.com

$53
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Morgan Stanley’s Pinterest Stock Downgrade Seems Unjustified

2 weeks from now

Apr 5, 2022 · Morgan Stanley analyst Brian Nowak downgraded Pinterest (NYSE:PINS) stock last week from a $53 price target to a $30 price target. Nowak cited a lack of user retention and …

investorplace.com

$35
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Morgan Stanley Maintains Equal-Weight On Pinterest, Raises Price …

2 weeks from now

3 days ago · Morgan Stanley analyst Brian Nowak maintains Pinterest (NYSE:PINS) with a Equal-Weight and raises the price target from $35 to $36.

sahmcapital.com

FAQs about Morgan Stanley Boosts Pinterest (NYSE:PINS) Price Target to $36.00 Coupon?

Is Morgan Stanley a good stock to buy on Pinterest?

Morgan Stanley raised the firm’s price target on Pinterest (PINS) to $36 from $35 and keeps an Equal Weight rating on the shares. The firm sees GPU enabled and GenAI tool adoption driving fundamental upside and outperformance among the North American Internet group. ...

How did Pinterest stock react to Morgan Stanley's downward price target adjustment?

S ocial e-commerce company Pinterest, Inc.’s ($PINS) stock retreated early Tuesday as traders reacted to Morgan Stanley's downward price target adjustment. In a note released late Monday, Morgan Stanley analyst Brian Nowak maintained an ‘Equal-Weight’ rating for Pinterest stock and reduced the price target from $37 to $35. ...

Is Pinterest stock a 'equal-weight' stock?

In a note released late Monday, Morgan Stanley analyst Brian Nowak maintained an ‘Equal-Weight’ rating for Pinterest stock and reduced the price target from $37 to $35. The new price target, which assumes a compounded annual growth rate of about 14% for revenue between 2024 and 2028, suggests 15.5% upside potential from current levels. ...

Why is Morgan Stanley preparing for a tough quarter?

Morgan Stanley said the company's next few quarters will likely see challenging comps due to food and beverage weakness, leap day, and forex benefits. The firm said these will likely hold back growth, offsetting the benefits from micro-level innovation. ...

Did Pinterest expand its reseller partnerships in 2024?

“Plus, Pinterest expanded its reseller partnerships in 2024,” Monness analysts added. “As the platform has become more actionable, Pinterest has captured a higher percentage of ad spend from its largest advertisers and a similar phenomenon is expected with the next cohort of retailers.” ...

How much debt does pinterest have?

Pinterest's debt levels have remained relatively low, with the company carrying only $581 million in long-term debt as of the end of 2022. Pinterest's valuation metrics have fluctuated recently, with the company's price-to-earnings and price-to-book ratios increasing above industry averages. ...