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PNC Financial price target raised to $211 from $209 at Morgan Stanley

Morgan Stanley analyst Betsy Graseck raised the firm’s price target on PNC Financial (PNC) to $211 from $209 and keeps an Underweight rating on the shares. The firm, which is updating its model based on comments at a recent industry conference, notes that it is increasing its Q4 EPS estimate by less than 1% to $4.38 and increasing its 2026 and 2027 EPS estimates by less than 1% as well.

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