Elliott Issues Statement on Pinterest (PINS), Says It is Company's Largest Shareholder

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Go back to Elliott Issues Statement on Pinterest (PINS), Says It is Company's Largest Shareholder

RBC Capital on Pinterest Inc (PINS): 'Better-than-feared, Elliott is all in'

August 1, 2022 5:22 PM EDT

RBC Capital analyst Brad Erickson reiterated a Sector Perform rating and $23.00 price target on Pinterest Inc (NYSE: PINS).

The analyst comments "PINS reported Q2 revenue in line with Street ($666MM vs. Street at $665MM) and EBITDA below ($92MM vs. Street at $129MM)... More