Pinnacle Financial Partners (PNFP) Receives a Buy from Raymond James

Raymond James analyst Michael Rose maintained a Buy rating on Pinnacle Financial Partners (PNFPResearch Report) today and set a price target of $88.00. The company’s shares closed last Wednesday at $78.45.

According to, Rose is a 4-star analyst with an average return of 5.6% and a 43.2% success rate. Rose covers the Financial sector, focusing on stocks such as Texas Capital Bancshares, Third Coast Bancshares, and SouthState Corporation.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pinnacle Financial Partners with a $91.20 average price target, representing a 20.0% upside. In a report issued on July 7, Wells Fargo also maintained a Buy rating on the stock with a $115.00 price target.

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The company has a one-year high of $111.31 and a one-year low of $67.86. Currently, Pinnacle Financial Partners has an average volume of 468.1K.

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Pinnacle Financial Partners, Inc. operates as a bank holding company, which engages in the provision of financial services. It also provides personalized services to small community banks, while seeking to offer the products and services, such as investments and treasury management. Its banking services include investment, mortgage, insurance, and comprehensive wealth management services, in its primary market areas of the Nashville-Davidson-Murfreesboro-Franklin, Tennessee and Knoxville, Tennessee Metropolitan Statistical Areas. The company was founded by Dale W. Polley, M. Terry Turner, Sue G. Atkinson, Reese L. Smith III and Robert A. McCabe, Jr. on February 28, 2000 and is headquartered in Nashville, TN.

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