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Benzinga
Benzinga
Business
Akanksha Bakshi

Pinterest Stock Gains Traction With Instacart Deal, Multiple Analyst Upgrades

Pinterest Instacart Doug Anmuth
PInterest

Pinterest, Inc. (NYSE:PINS) has attracted a wave of bullish calls from Wall Street over the past month, as several analysts raised their price forecasts and reiterated optimistic outlooks.

The latest update came from Morgan Stanley, where analyst Brian Nowak upgraded the stock from Equal-Weight to Overweight and increased the price forecast from $37 to $45.

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