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PNC Financial price target raised to $267 from $263 at Morgan Stanley

Morgan Stanley analyst Manan Gosalia raised the firm’s price target on PNC Financial (PNC) to $267 from $263 and keeps an Equal Weight rating on the shares. The firm is raising its 2026 and 2027 EPS estimates by about 1% each, primarily driven by higher net interest income and higher fees, partially offset by higher expenses and higher share count.

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