RBC Capital analyst Mark Mahaney maintained a Buy rating on Pinterest (PINS) on March 26 and set a price target of $27.00. The company’s shares closed last Friday at $14.94.
According to TipRanks.com, Mahaney is a 5-star analyst with an average return of 9.0% and a 50.1% success rate. Mahaney covers the Technology sector, focusing on stocks such as Spotify Technology SA, Uber Technologies, and Eventbrite.
Currently, the analyst consensus on Pinterest is a Moderate Buy with an average price target of $28.74.
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The company has a one-year high of $36.84 and a one-year low of $10.11. Currently, Pinterest has an average volume of 14.17M.
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Pinterest, Inc. engages in the operation of a pinboard-style photo-sharing website. It allows users to create and manage theme-based image collections such as events, interests, and hobbies. The company was founded by Benjamin Silbermann, Paul C. Sciarra, and Evan Sharp in October 2008 and is headquartered in San Francisco, CA.
