---
title: "RBC Capital Reaffirms Their Hold Rating on Pinterest (PINS)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293544731.md"
description: "RBC Capital analyst Brad Erickson reaffirmed a Hold rating on Pinterest (PINS) with a $23.00 price target in a July 21 report, noting the stock closed at $22.83. This contrasts with the broader analyst consensus of a Moderate Buy and an average target of $27.23. Additionally, Wedbush initiated coverage on July 15 with a Hold rating and a $24.00 target."
datetime: "2026-07-23T01:47:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293544731.md)
  - [en](https://longbridge.com/en/news/293544731.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293544731.md)
generator: "portal-rs"
---

# RBC Capital Reaffirms Their Hold Rating on Pinterest (PINS)

In a report released on July 21, Brad Erickson from RBC Capital maintained a Hold rating on Pinterest, with a price target of $23.00. The company’s shares closed yesterday at $22.83.

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According to TipRanks, Erickson is a 4-star analyst with an average return of 6.9% and a 52.02% success rate. Erickson covers the Communication Services sector, focusing on stocks such as Zillow Group Class A, Angi, and Meta Platforms.

Currently, the analyst consensus on Pinterest is a Moderate Buy with an average price target of $27.23, a 19.27% upside from current levels. In a report released on July 15, Wedbush also initiated coverage with a Hold rating on the stock with a $24.00 price target.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**