Pinterest, Inc. (NYSE: PINS) shares are trading higher on Monday after RBC Capital upgraded the stock and raised its price target. Here’s what you need to know. The Details: RBC Capital analyst Brad Erickson upgraded Pinterest from Sector Perform to Outperform and raised the price target from $32 to $46. Erickson noted the competition among rivals in both intent and impulse-based advertising spaces, areas where Pinterest has significant potential for growth. He also highlighted the perception among advertisers that direct links are key to driving conversions and value, and pointed out how Pint…

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