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Pinnacle Financial Partners ( (PNFP) ) has shared an announcement.
On July 24, 2025, Pinnacle Financial Partners, Inc. entered into a merger agreement with Synovus Financial Corp. and Steel Newco Inc., aiming to merge into a single entity named Pinnacle Financial Partners, Inc. The merger, approved by the boards of all involved companies, will result in Pinnacle Bank becoming a member of the Federal Reserve System and merging with Synovus Bank. However, the merger faces legal challenges, with lawsuits filed alleging disclosure deficiencies in the joint proxy statement/prospectus. Despite these challenges, Pinnacle and Synovus are supplementing disclosures to avoid delays and minimize litigation risks.
The most recent analyst rating on (PNFP) stock is a Buy with a $118.00 price target. To see the full list of analyst forecasts on Pinnacle Financial Partners stock, see the PNFP Stock Forecast page.
Spark’s Take on PNFP Stock
According to Spark, TipRanks’ AI Analyst, PNFP is a Outperform.
Pinnacle Financial Partners receives a strong overall score due to its robust financial performance and positive earnings call sentiment. The company’s strategic initiatives and growth metrics are impressive, although technical indicators suggest some caution. Valuation remains reasonable, supporting the stock’s attractiveness.
To see Spark’s full report on PNFP stock, click here.
More about Pinnacle Financial Partners
Pinnacle Financial Partners, Inc. is a Tennessee-based corporation operating in the financial services industry. The company provides a range of banking and financial services, focusing on community banking and serving local markets.
Average Trading Volume: 1,337,344
Technical Sentiment Signal: Sell
Current Market Cap: $6.85B
For detailed information about PNFP stock, go to TipRanks’ Stock Analysis page.