Top Wall Street Analyst Calls: PayPal, Pinterest, Snap

U.S. stock futures traded lower Wednesday morning after President Trump ended the ceasefire with Iran, following a brutal Tuesday session where the Nasdaq fell 1.16% to 25,772, dragged down by semiconductor and AI-related stocks.

In this environment, Wall Street analysts issued new ratings on several stocks, including:

Rating Changes

PayPal (PYPL)

Bank of America analyst upgraded the stock from "Neutral" to "Buy" and raised the price target from $85 to $110. The analyst cited improving margins and growth in digital payments.

Pinterest (PINS)

Goldman Sachs analyst downgraded the stock from "Buy" to "Neutral" and cut the price target from $45 to $38, citing ongoing revenue growth challenges.

Snap (SNAP)

Morgan Stanley analyst maintained an "Overweight" rating but lowered the price target from $18 to $15, pointing to a weak digital advertising market.

Analyst Rationale

For PayPal, the analyst highlighted cost structure improvements and expansion of services like "Pay Later" and "Venmo" as growth drivers. For Pinterest, challenges include slowing monthly active user growth and increased competition from platforms like TikTok.

Context

These calls come amid heightened market volatility due to geopolitical tensions. PayPal shares are down about 15% year-to-date, while Pinterest has fallen roughly 30%.

What to Make of It

The analyst calls reflect a split in sentiment toward fintech and digital advertising. While some see opportunity in PayPal, others remain cautious on Pinterest and Snap.