Stock Track | Pinterest Plummets 5% Intraday as Analysts Slash Price Targets

Stock Track

02/04

Pinterest, Inc. (PINS) saw its stock price plummet by 5.00% during intraday trading on Tuesday.

The decline followed a series of analyst price target cuts. Bernstein reduced its target to $32 from $40, Mizuho cut its target to $35 from $45, and KeyBanc lowered its target to $35 from $40, citing more conservative growth outlooks and valuation multiples.

These downward revisions reflect growing concerns about the company's future growth prospects and financial metrics, prompting investor sell-off.

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(PINS) saw its stock price plummet by 5.00% during intraday trading on Tuesday.</p><p>The decline followed a series of analyst price target cuts. Bernstein reduced its target to $32 from $40, Mizuho cut its target to $35 from $45, and KeyBanc lowered its target to $35 from $40, citing more conservative growth outlooks and valuation multiples.</p><p>These downward revisions reflect growing concerns about the company's future growth prospects and financial metrics, prompting investor sell-off.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PINS","symbol_name":"Pinterest, Inc.","start_time":0,"source_url":"","article_id":"1111159763","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1111159763","pubTimestamp":1770135769,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Pinterest, Inc. 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