Truist raised the firm’s price target on Pennant Group (PNTG) to $42 from $36 and keeps a Buy rating on the shares. The firm remains bullish on Pennant post-strong Q1 results featuring top and bottom-line beats, with the FY26 guide unchanged but biased toward the high-end of the range, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PNTG:
- Pennant Group balances rapid growth with integration risk
- Pennant Group reports Q1 adjusted EPS 32c, consensus 31c
- Pennant Group Posts Strong First-Quarter 2026 Revenue Growth
- Pennant Group acquires three senior living communities in Arizona, Wisconsin
- Pennant Group price target raised to $36 from $34 at Truist