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0 0 0 -0.00183206106870214 -0.00183206106870214 0.016030534351145 -0.0109923664122137 -0.000116030534351092
Stock impact report

Pinterest Is Emerging From Selloff as a New Wall Street Favorite [Yahoo! Finance]

Pinterest, Inc. Class A (PINS) 
Company Research Source: Yahoo! Finance
(Bloomberg) -- After a volatile summer, Wall Street is taking another look at Pinterest Inc. So far, analysts like what they see. Most Read from Bloomberg The social-media company has received positive commentary from Goldman Sachs and Oppenheimer, among others, with analysts touting its growth potential and ability to better monetize its user base, including through artificial intelligence. A partnership with Amazon.com Inc., announced in August, and the recent Pinterest Presents advertiser summit have solidified the view that the stock could be an underappreciated bargain in the sector. “The reason Pinterest is getting all this new attention is that it potentially has massive tailwinds, but it's not really expensive,” said Conrad van Tienhoven, portfolio manager at Riverpark Capital. “Improving ad targeting is a natural use for AI, and the partnership with Amazon is a match made in heaven, as close as a game changer as you can get.” Pinterest shares are still recovering fro Show less Read more
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