JP Morgan upgraded Pinterest Inc. to Overweight from Neutral on June 3, 2025, and raised its price target to $40 from $35. This upgrade signals a strong vote of confidence from the investment bank.
The positive assessment was based on improved user engagement and monetization gains observed on the platform. These factors indicate that Pinterest's strategic initiatives are yielding positive results.
The firm also cited an undemanding valuation as a contributing factor to the upgrade, suggesting that the stock offers attractive upside potential for investors.
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