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Pinnacle Financial price target raised to $125 from $115 at Keefe Bruyette

Keefe Bruyette analyst Catherine Mealor raised the firm’s price target on Pinnacle Financial (PNFP) to $125 from $115 and keeps a Market Perform rating on the shares. The company reported another strong quarter but confidence in Pinnacle’s outlook is already reflected in the stock, the analyst tells investors in a research note.

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