Evercore Just Boosted Its Price Target on Pinterest (PINS) Stock

Visual discovery platform Pinterest (NYSE:PINS) saw its shares rise off the back of an encouraging analyst assessment. Specifically, Evercore analysts believe the company’s advertising partnership with e-commerce giant Amazon (NASDAQ:AMZN) can yield significant returns. As a result, they boosted their price target on PINS stock. Nevertheless, lurking in the background, bearish traders have wagered against Pinterest, setting up an intriguing duel for control.According to a Seeking Alpha report, Evercore expe ...