Goldman Sachs Upgrades Pinterest Inc (PINS) to Buy on Monetization and User Momentum

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BofA Securities Upgrades Pinterest Inc (PINS) to Buy; Results Should Show Improving Platform Position

October 21, 2020 6:38 AM EDT

(Updated - October 21, 2020 8:46 AM EDT)

(updated to add analyst comments)

BofA Securities analyst Justin Post upgraded Pinterest Inc (NYSE: PINS) from Neutral to Buy with a price target of $58 (from $45).

SNAP's results, which showed revenues significantly above the Street, is... More

S&P ends choppy session lower as U.S. stimulus talks drag on

October 21, 2020 6:35 AM EDT

By Sinéad Carew

(Reuters) - Wall Street's three major averages closed lower on Wednesday after a volatile trading session, as investors worried whether difficult negotiations in Washington would produce a deal for a fresh U.S. coronavirus stimulus package.

White House Chief of Staff Mark Meadows said that while there are a number of differences between the White House and Congressional Democrats, Republican President Donald Trump was "willing to lean into" working on an agreement.

Before starting afternoon talks with Treasury Secretary Steven Mnuchin, U.S. House Speaker Nancy Pelosi said there was... More