Wells Fargo raised the firm’s price target on PNC Financial (PNC) to $240 from $230 and keeps an Overweight rating on the shares. The firm is making “uneventful tweaks” to estimates for trust banks and regionals. Wells’ dominant theme remains deregulation and capital markets.
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Read More on PNC:
- PNC Financial price target raised to $230 from $220 at Evercore ISI
- PNC Financial price target raised to $206 from $186 at Morgan Stanley
- PNC Financial price target raised to $210 from $201 at Truist
- Oppenheimer maintains generally more cautious stance on investment banks
- PNC Financial’s Strong Position and Growth Potential Highlighted by Buy Rating