Pinterest Inc. gained after Morgan Stanley upgraded the image-sharing company to Overweight from Equalweight and lifted its price target to $45 from $37. The bank said Pinterest’s investments in GPU-driven advertising products and generative-AI tools are beginning to bolster user engagement and lay the groundwork for stronger monetization, particularly in the second half of 2025. The stock rose roughly 4.6% in early New York trading on 21 July. Morgan Stanley’s analysts noted that recent ad-channel checks point to improving demand on the platform and argued the company’s multi-quarter push into higher-performance infrastructure should support faster revenue growth and earnings expansion. The target implies about a 25% upside from Pinterest’s closing price before the call. The positive view was echoed a day later by Bernstein, which lifted its own price objective to $45, underscoring growing confidence among Wall Street firms in Pinterest’s ability to convert product upgrades into financial gains.