Long Pinterest Short term TP @ $27-$28 Long term TP @ $50-60

As a long term Investor in Pinterest I am excited for the future. With global e commerce growth and e retail shopping growth i see this stock going to $50 and up in the next 2 years if the current trends stick. I view this platform incredibly catered towards accommodating business e commerce demand and expanding into even bigger revenue streams that Instagram e.g. personal shopping as mentioned by the company in previous outlooks for the future.

This company is to be watched closely ! Partnerships with tech and retail giants are likely!

In the short my thesis is that it will go to $27-$28 in consideration of economies continuing the openings of public spaces , retail which will give more strength to consumer focused stocks like this. Because of the high reward ratio seen in stocks lately , I believe the trend will continue moving forward. This stock has my stamp of approval !

This is not financial Advice please consider own DD and RM.

Thanks very much for viewing !