Guggenheim keeps Pinterest at Buy but cuts price target to $22 from $24
Guggenheim maintained its Buy rating on Pinterest shares and lowered the target to $22 from $24. TradingView reports the change, citing Benzinga data.
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what happened
According to TradingView, Guggenheim kept its Buy rating on Pinterest but reduced its price target from $24 to $22, a cut of 8.3%. The shares closed at $19.92 on October 29, and the new target implies an upside of about 10.4% from that level.
The same report lists recent views from other brokers: Susquehanna kept a Positive rating with a $25 target, Evercore ISI Group stayed In-Line at $24, Cantor Fitzgerald held Overweight at $23, and Keybanc also has Overweight with a $28 target. Over the past 30 days, targets on the stock range from $23 to $28.
why it matters
Changes like this mostly reflect analyst sentiment rather than acting as a standalone driver for the stock. A lower target with the Buy rating unchanged points to a somewhat more cautious view from Guggenheim, while the spread against other brokers remains moderate. The item is routine and mainly relevant to those tracking Pinterest.
tags
instruments
sources
- Guggenheim maintains Pinterest at Buy, lowers price target to $22 from $24 — TradingView, 30 October 2026 at 13:06 UTC
- Guggenheim maintains DBV Technologies at Buy, lowers price target to $46 from $51 — TradingView, 30 October 2026 at 13:13 UTC
- Guggenheim maintains Tenet Healthcare at Buy, lowers price target to $306 from $307 — TradingView, 30 October 2026 at 13:11 UTC
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