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Benzinga
Benzinga
Business
Adam Eckert

Why This Pinterest Analyst Sees Accelerated User Growth, Engagement Ahead With Focus On Shopping Opportunity

Pinterest Inc (NYSE:PINS) shares are getting a boost from Goldman Sachs Thursday after the analyst firm upgraded the online product and idea discovery company.

What Happened: Goldman Sachs upgraded Pinterest from Neutral to Buy and raised the price target from $24 to $31, citing improved user growth and engagement trends.

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