Pinterest Inc (PINS) Ad Manager Audience Reaches an All Time High - Guggenheim

Guggenheim analyst Michael Morris reiterated a Buy rating and $73.00 price target on Pinterest Inc (NYSE: PINS) noting that the company's Ads Manager audience reached an all time high in this current iteration of monthly data collection.

The analyst stated "Based on data from Pinterest Ads manager, aggregate global audience reach advanced to 229.3mm at month end (+2% m/m) vs. 224.1mm (+3%) in September (Daily MIC 10/4 - link). This reflects the third consecutive month of growth and marks the largest total audience reach year-to-date (since inception of our data collection on 3/17/21)."

For an analyst ratings summary and ratings history on Pinterest Inc click here. For more ratings news on Pinterest Inc click here.

Shares of Pinterest Inc closed at $45.26 yesterday.

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