Pinterest Stock Dips as Analysts See Platform 'Struggling' To Grow Ad Revenue
1. Jefferies downgraded PINS from 'buy' to 'hold', lowering price target to $32. 2. Concerns raised over inconsistent advertising revenue growth for Pinterest. 3. AI tools for advertisers may not deliver expected revenue growth in Q1. 4. Pinterest shares fell over 1%, down approximately 18% in the past year. 5. CEO states AI investments are producing results, but growth remains below expectations.