macro

Rosenblatt cuts Pinterest price target to $21 from $25, keeps Neutral rating

Rosenblatt kept Pinterest at Neutral and cut its price target to $21 from $25, a 16% reduction. The target implies about 8.5% upside from the Oct 30 close.

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what happened

According to TradingView, citing Benzinga data, Rosenblatt kept its Neutral rating on Pinterest but cut the price target by 16%, from $25 to $21. The new level suggests roughly 8.5% upside from the $19.36 close on October 30.

Over the past 30 days, the five latest analyst notes on the stock carried targets between $20 and $26. JP Morgan and RBC Capital hold $22, Wells Fargo sits at $23 with Overweight, Wedbush has $20 at Neutral, and Goldman Sachs has $26 with Buy.

why it matters

A single target cut is a routine analyst action, but the spread of targets from $20 to $26 shows that research houses see the stock differently. Traders often read such revisions as a gauge of sentiment around the company rather than as a direct driver of its fundamentals.

tags

instruments

Pinterest

sources

  1. Rosenblatt maintains Pinterest at Neutral, lowers price target to $21 from $25 — TradingView, 31 October 2026 at 01:04 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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