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JPMorgan PINS price target Flash News List | Blockchain.News
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List of Flash News about JPMorgan PINS price target

Time Details
2025-06-03
12:27
Pinterest (PINS) Upgraded to Overweight by JPMorgan with $40 Price Target: Implications for Crypto Market

According to Stock Talk (@stocktalkweekly), JPMorgan has upgraded Pinterest (PINS) to 'Overweight' from 'Neutral' and increased its price target to $40 from $35. This upgrade is based on Pinterest’s strong year-to-date performance, with shares up 10% compared to the S&P 500’s 1%, although PINS remains 18% below its February highs (source: Stock Talk Twitter, June 3, 2025). For crypto traders, this move signals increased confidence in digital advertising and social media platforms, which often correlate with sentiment-driven crypto assets. The upgrade could also drive broader risk appetite across digital and tech sectors, potentially supporting bullish momentum in leading cryptocurrencies.

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