Pinnacle Financial price target raised to $71 from $65 at JPMorgan
The Fly

Pinnacle Financial price target raised to $71 from $65 at JPMorgan

JPMorgan raised the firm’s price target on Pinnacle Financial to $71 from $65 and keeps an Overweight rating on the shares ahead of the Q2 results. With the peak increase in deposit costs likely in Q2, “another buy signal appears likely” for small cap banks, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on PNFP:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App