Citi analyst Benjamin Gerlinger raised the firm’s price target on Pinnacle Financial to $123 from $113 and keeps a Buy rating on the shares post the Q3 report. The firm believes Pinnacle is likely to see a ramping loan growth outlook into 2025 and 2026. It feels good about the bank’s revenue growth in 2025.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PNFP:
- Pinnacle Financial price target raised to $120 from $108 at Stephens
- Pinnacle Financial price target raised to $104 from $100 at Wells Fargo
- Pinnacle Financial price target raised to $108 from $101 at Barclays
- Pinnacle Financial reports Q3 EPS $1.86, consensus $1.77
- PNFP Earnings Report this Week: Is It a Buy, Ahead of Earnings?