TD Cowen lowered the firm’s price target on Pinnacle Financial (PNFP) to $121 from $125 and keeps a Buy rating on the shares. The firm said despite noisy 1Q26 results reflecting the MOE impacts, the quarter saw a solid EPS beat driven by strong NII momentum. With the Pinnacle operating model continuing to hum at full throttle, organic B/S growth was strong and supports the favorable reaffirmed 2026 outlook.
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