Pinterest Seen Lacking Near-Term Positive Catalysts -- Market Talk
Dow Jones
Feb 13
0817 ET - Pinterest slides premarket after 4Q results that were below expectations, and Wedbush thinks the multiple will remain compressed given the absence of near-term catalysts. "The current valuation is more balanced relative to prior periods given the execution risks related to recent strategic shifts," the analysts add in a note. They also say that Pinterest has struggled to capitalize on growth initiatives, limiting the company's ability to boost growth to the high-teens range. Wedbush maintains its neutral rating and cuts the price target to $16 from $30. Pinterest sinks 22% to $14.51 premarket. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
February 13, 2026 08:17 ET (13:17 GMT)
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