BUZZ-Pinterest rises after Goldman Sachs adds stock to Americas conviction list
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Shares of Pinterest (PINS) rose 1.4% after Goldman Sachs added the stock to its Americas conviction list, while removing Amazon and Guidewire. Analyst Eric Sheridan highlighted potential for steady revenue growth and improving user engagement, particularly among younger demographics. The average rating from 40 analysts is "buy," with a median price target noted. Despite this, PINS stock is down approximately 13% year-to-date.
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