PINS - from Argus daily update.
According to Argus, Pinterest posted solid third-quarter results, and appears on track for continued strong growth in both monthly average users and average revenue per user. In addition, the company is benefiting from streamlined ad systems through the Pinterest Partners Program for smaller merchants and product improvements like Shop tab. Pinterest is also seeing strong international growth.
- it sets a price target of $80 [ I will wait for my entry if it pulls back to the nearest support]
- it sets a price target of $80 [ I will wait for my entry if it pulls back to the nearest support]
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