Truist analyst John McDonald initiated coverage of Pinnacle Financial (PNFP) with a Buy rating and $123 price target The bank’s unique hiring model “layers in some embedded growth of seasoning of revenue producers” and the firm sees levers to grow loans, deposits and TBV across a range of environments, but also notes the stock’s “high valuation.”
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Read More on PNFP:
- Pinnacle Financial price target raised to $124.50 from $111 at Hovde Group
- Pinnacle Financial price target lowered to $115 from $130 at Keefe Bruyette
- Pinnacle Financial Partners’ Earnings Call Highlights Robust Growth
- Pinnacle Financial upgraded to Outperform from Market Perform at Hovde Group
- Pinnacle Financial Partners Reports Strong Q1 2025 Earnings
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