BMO Capital Upgrades Pinterest's Price Target Amid AI Ad Improvements
On May 5, BMO Capital raised its price target for Pinterest (PINS) to $30 from $28 and reiterated an Outperform rating. The firm cited strong Q1 revenue and adjusted EBITDA results that exceeded expectations, with improvements in Pinterest's AI-driven advertising platform helping offset tariff-related pressures on major retail customers.
Tickers: $PINS
Topics: Advertising Platform AI Revenue Growth Stock Analysis