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Analysts Offer Insights on Financial Companies: Discover Financial Services (DFS) and Pinnacle Financial Partners (PNFP)

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Discover Financial Services (DFSResearch Report) and Pinnacle Financial Partners (PNFPResearch Report) with bullish sentiments.

Discover Financial Services (DFS)

J.P. Morgan analyst Richard Shane maintained a Buy rating on Discover Financial Services yesterday and set a price target of $140.00. The company’s shares closed last Thursday at $100.00.

According to TipRanks.com, Shane is a 5-star analyst with an average return of 14.2% and a 65.2% success rate. Shane covers the Financial sector, focusing on stocks such as Claros Mortgage Trust, Inc., Kkr Real Estate Finance, and Capital One Financial.

Currently, the analyst consensus on Discover Financial Services is a Moderate Buy with an average price target of $126.07, representing a 23.6% upside. In a report issued on July 8, RBC Capital also maintained a Buy rating on the stock with a $135.00 price target.

See the top stocks recommended by analysts >>

Pinnacle Financial Partners (PNFP)

In a report released yesterday, Steven Alexopoulos from J.P. Morgan maintained a Buy rating on Pinnacle Financial Partners, with a price target of $100.00. The company’s shares closed last Thursday at $78.51.

According to TipRanks.com, Alexopoulos is a 4-star analyst with an average return of 7.4% and a 53.8% success rate. Alexopoulos covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Valley National Bancorp, and Huntington Bancshares.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pinnacle Financial Partners with a $92.20 average price target, representing a 18.1% upside. In a report issued on July 7, Raymond James also upgraded the stock to Buy with a $85.00 price target.

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