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Wells Fargo Upgrades Pinterest Inc – (PINS)

Fintel reports that on June 28, 2023, Wells Fargo will Outlook For Pinterest Inc – (New York Stock Exchange: PING) from equal weight To Overweight .

Analyst Price Expectations Suggest 10.46% Gains

1 year average as of June 2, 2023 target price For Pinterest Inc – is 29.16. Expectations range from lows of $19.19 to highs of $40.95. The average price target is up 10.46% from the last reported closing price of 26.40.

see our corporate leaderboard The target price has the most upside potential.

Pinterest Inc’s projected annual revenue is 3,299 million, up 16.56%.Non-GAAP Annual Forecast EPS is 0.79.

What is Fund Sentiment?

there is 1,223 foundations or institutions reporting positions Pinterest Inc – This is an increase of 36 owners or 3.03% last quarter.Portfolio average weight out of all funds Dedicated to PINS was 0.34%, an increase of 0.89%. Total shares owned by institutional investors fell by 1.77% to 591,673,000 shares over the past three months. of put/call ratio The PINS is at 0.50, indicating a bullish outlook.

What are other shareholders doing?

PINS / Pinterest Inc - Class A Shares Held by Institutions

Elliott Investment Management holds 27,913,000 shares representing a 4.08% ownership interest in the company. There was no change in the last quarter.

Price T Row Associates owns 25,744,000 shares, representing 3.77% of the company. Earlier filings reported that the company owned 20,074,000 shares. will increase 22.02%.office increased Portfolio allocation to PINS increased 34.04% QoQ.

barclays holds 24,388,000 shares representing a 3.57% ownership interest in the company. Previous filings reported that the company owned 27,161,000 shares. Decrease 11.37%.office increased Portfolio allocation in PINS increased by 103,253.90% quarter-on-quarter.

VTSMX – Vanguard Total Stock Market Index Fund Investor Stocks holds 18,402,000 shares representing a 2.69% ownership interest in the company. Earlier filings reported that the company owned 17,849,000 shares. will increase 3.01%.office increased Portfolio allocations to PINS increased 6.92% quarter-on-quarter.

Harris Associates LP owns 18,334,000 shares, representing 2.68% of the company. Earlier filings reported that the company owned 25,637,000 shares. Decrease 39.83%.office Diminished Portfolio allocation to PINS increased by 24.60% QoQ.

Pinterest background information
(This description was provided by us.)

Pinterest is the visual discovery engine people use to find inspiration in their lives: recipes, home and style ideas, travel destinations, and more. People have a wide variety of interests He has over 240 billion Pins saved so that others with similar interests can find them through searches and recommendations. San Francisco-based Pinterest was founded in 2010 and has hundreds of millions of monthly active users worldwide.

Main filings of this company:

This story was originally Fintel.

The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.

Summarize this content to 100 words

Fintel reports that on June 28, 2023, Wells Fargo will Outlook For Pinterest Inc – (New York Stock Exchange: PING) from equal weight To Overweight . Analyst Price Expectations Suggest 10.46% Gains 1 year average as of June 2, 2023 target price For Pinterest Inc – is 29.16. Expectations range from lows of $19.19 to highs of $40.95. The average price target is up 10.46% from the last reported closing price of 26.40.

see our corporate leaderboard The target price has the most upside potential. Pinterest Inc’s projected annual revenue is 3,299 million, up 16.56%.Non-GAAP Annual Forecast EPS is 0.79. What is Fund Sentiment? there is 1,223 foundations or institutions reporting positions Pinterest Inc – This is an increase of 36 owners or 3.03% last quarter.Portfolio average weight out of all funds Dedicated to PINS was 0.34%, an increase of 0.89%. Total shares owned by institutional investors fell by 1.77% to 591,673,000 shares over the past three months. of put/call ratio The PINS is at 0.50, indicating a bullish outlook. What are other shareholders doing? Elliott Investment Management holds 27,913,000 shares representing a 4.08% ownership interest in the company. There was no change in the last quarter. Price T Row Associates owns 25,744,000 shares, representing 3.77% of the company. Earlier filings reported that the company owned 20,074,000 shares. will increase 22.02%.office increased Portfolio allocation to PINS increased 34.04% QoQ.

barclays holds 24,388,000 shares representing a 3.57% ownership interest in the company. Previous filings reported that the company owned 27,161,000 shares. Decrease 11.37%.office increased Portfolio allocation in PINS increased by 103,253.90% quarter-on-quarter. VTSMX – Vanguard Total Stock Market Index Fund Investor Stocks holds 18,402,000 shares representing a 2.69% ownership interest in the company. Earlier filings reported that the company owned 17,849,000 shares. will increase 3.01%.office increased Portfolio allocations to PINS increased 6.92% quarter-on-quarter. Harris Associates LP owns 18,334,000 shares, representing 2.68% of the company. Earlier filings reported that the company owned 25,637,000 shares. Decrease 39.83%.office Diminished Portfolio allocation to PINS increased by 24.60% QoQ. Pinterest background information(This description was provided by us.) Pinterest is the visual discovery engine people use to find inspiration in their lives: recipes, home and style ideas, travel destinations, and more. People have a wide variety of interests He has over 240 billion Pins saved so that others with similar interests can find them through searches and recommendations. San Francisco-based Pinterest was founded in 2010 and has hundreds of millions of monthly active users worldwide.

Main filings of this company: This story was originally Fintel.

The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.

https://www.nasdaq.com/articles/wells-fargo-upgrades-pinterest-inc-pins Wells Fargo Upgrades Pinterest Inc – (PINS)

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