Pinterest (PINS) Now Covered by Analysts at Credit Suisse Group

Credit Suisse Group started coverage on shares of Pinterest (NASDAQ:PINS) in a report released on Monday, BenzingaRatingsTable reports. The brokerage issued a neutral rating and a $28.00 price target on the stock.

Other equities analysts have also recently issued reports about the stock. Nomura started coverage on shares of Pinterest in a research note on Friday. They issued a buy rating and a $34.00 price objective on the stock. Citigroup started coverage on shares of Pinterest in a research note on Monday. They issued a buy rating and a $34.00 price objective on the stock. Barclays started coverage on shares of Pinterest in a research note on Monday. They issued an equal weight rating and a $28.00 price objective on the stock. Argus started coverage on shares of Pinterest in a research note on Friday. They issued a hold rating on the stock. Finally, UBS Group started coverage on shares of Pinterest in a research note on Monday. They issued a neutral rating and a $31.00 price objective on the stock. Twelve investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of $30.62.

PINS traded up $0.92 during trading on Monday, hitting $27.55. The stock had a trading volume of 2,366 shares, compared to its average volume of 14,047,856. Pinterest has a twelve month low of $23.05 and a twelve month high of $35.29.



In related news, Director Fredric G. Reynolds purchased 40,000 shares of the stock in a transaction dated Tuesday, April 23rd. The shares were acquired at an average cost of $27.04 per share, with a total value of $1,081,600.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

About Pinterest

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Analyst Recommendations for Pinterest (NASDAQ:PINS)

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