Truist raised the firm’s price target on PNC Financial (PNC) to $245 from $234 and keeps a Hold rating on the shares after its Q1 earnings beat. The firm is raising its FY26 EPS view by 20c to $18.60 due to the pull through of lower share count than it had previously modeled, as well as modestly higher buybacks for this year, the analyst tells investors in a research note.
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