Pinterest's AI Push & Shoppable Ads Fuel Optimistic Outlook—Why Analysts Are Bullish
Pinterest, Inc. PINS shares are trading higher on Friday.Yesterday, Pinterest reported fourth-quarter revenue of $1.15 billion, beating estimates of $1.14 billion, according to Benzinga Pro. The company reported fourth-quarter earnings of 56 cents per share, missing analyst estimates of 65 cents per share.Pinterest expects first-quarter revenue to be in the range of $837 million to $852 million.Here are the analysts’ take on the stock:BofA Securities analyst Justin Post reiterated the Buy rating on the stoc ...