Oppenheimer raised the firm’s price target on PNC Financial (PNC) to $284 from $268 and keeps an Outperform rating on the shares. The firm notes PNC reported a strong close to 2025 and management highlighted the organic tailwinds it expects to benefit from in 2026, coupled with the inorganic benefit of the January acquisition of FirstBank. Oppenheimer continues to prefer commercial banks over investment banks.
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