P2IN34 Stock Price and Chart — BMFBOVESPA:P2IN34

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Pinterest's shares climbed 3.2% after Morgan Stanley upgraded its rating to 'Overweight' and raised the price target to $45, citing improved ad efficiency and expected 17-18% revenue growth.

Pinterest expects 17-18% revenue growth this year, up from 16% in Q1, as 73% of U.S. marketers plan to boost ad spending on the platform by at least 10%.

Pinterest partners with Instacart, allowing advertisers to use retail data for better targeting and plans to link ad views to purchases, enhancing campaign transparency.

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About Pinterest, Inc.

Pinterest, Inc. engages in the operation of a pinboard-style photo-sharing website. It allows users to create and manage theme-based image collections such as events, interests, and hobbies. The company was founded by Benjamin Silbermann, Paul C. Sciarra, and Evan Sharp in October 2008 and is headquartered in San Francisco, CA.

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