Barclays analyst Jared Shaw raised the firm’s price target on Pinnacle Financial to $108 from $101 and keeps an Equal Weight rating on the shares post the Q3 report. The company’s 4Q net interest income is expected to be flat quarter-over-quarter while continued expense growth offsets some of the sales boost, the analyst tells investors in a research note.
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Read More on PNFP:
- Pinnacle Financial reports Q3 EPS $1.86, consensus $1.77
- PNFP Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Pinnacle Financial downgraded to Equal Weight from Overweight at Wells Fargo
- Pinnacle Financial price target raised to $101 from $97 at Barclays
- Pinnacle Financial price target raised to $113 from $101 at Truist
