PNC Financial price target raised to $264 from $260 at BofA

BofA raised the firm’s price target on PNC Financial (PNC) to $264 from $260 and keeps a Buy rating on the shares. PNC reported Q1 adjusted EPS beating BofA and consensus estimates and the market “seems to have shrugged off the 1Q26 PPNR miss,” likely owing to the largely reiterated FY26 guidance, the analyst tells investors.