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‘Getting Creative With Creators Is Expensive’: Why 6 Analysts Lowered Their Pinterest Price Targets

'Getting Creative With Creators Is Expensive': Why 6 Analysts Lowered Their Pinterest Price Targets

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Pinterest analysts are reacting to the company’s second quarter report that saw strong revenue growth but offered lower active users and third quarter guidance than expected. The Pinterest Analysts: JPMorgan analyst Doug Anmuth lowers the rating on Pinterest (NYSE:PINS) from Overweight to Neutral and lowers the price target from $95 to $68.

...read full article on Benzinga

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