Pinterest stock soars after analysts say forecast seems conservative

Pinterest Inc. may want to tack its latest earnings report to its inspiration board, judging by the market’s reaction. The internet company posted stronger-than-expected fourth-quarter results Thursday, helping shares build on their already-strong year-to-date rally. The stock PINS, +12.65% is up 13% in Friday morning trading after rising as much as 18.4% earlier in the session. The results came as validation to bulls following a steep plunge for Pinterest shares the last time the company delivered numbers, as the latest numbers suggested attempts at business improvements were paying off. “Pinterest’s very strong 4Q...