Pinterest‘s stock may trade in line wiht the broader market in the near term due to stable analyst earnings expectations, as indicated by an unchanged consensus estimate.
The company’s current Zacks Rank of #3 (Hold) is influenced by the recent magnitude of changes in its earnings estimates, alongside three other related factors. Investors might consider exercising caution with Pinterest’s Buy-equivalent average Broker Rating (ABR).
For those interested in further insights, Zacks Investment Research offers a free report titled “7 best Stocks for the Next 30 Days.” Additionally,a free stock analysis report for Pinterest,Inc. (PINS) is available.
This analysis was originally published on Zacks Investment Research (zacks.com).