Deutsche Bank initiated coverage of Pinnacle Financial (PNFP) with a Buy rating and $116 price target which represents 19% upside. The firm says Pinnacle offers “growth at a discount” following the share pullback post the Synovus merger news.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PNFP:
- PNFP Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Pinnacle Financial Partners Updates Executive Pay and Noncompete Terms
- Pinnacle Financial price target raised to $118 from $105 at Truist
- Pinnacle Financial price target raised to $100 from $95 at Keefe Bruyette
- Pinnacle Financial price target raised to $125 from $122 at TD Cowen