Jefferies takes a step back on Pinterest as growth pace lags (NYSE:PINS)

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Pinterest, Reddit, Whatsapp and other Apple Apps on iPhone screen

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Analysts at Jefferies have moved to the sidelines on social media platform Pinterest (NYSE:PINS) and downgraded the stock to “hold” from “buy.”

The research firm expects revenue growth to slow into the mid-teens in 2025, and the pace of margin expansion

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