Piper Sandler analyst R. Scott Siefers raised the firm’s price target on PNC Financial to $131 from $130 and keeps a Neutral rating on the shares. The analyst fine-tuned models for the universal banks following the intra-quarter updates provided by many earlier this week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on PNC:
- PNC Financial says ‘more structural’ update on expenses coming
- PNC Financial: Expenses also trending better
- PNC Financial sees Q3 NII at ‘lowest end of range or better’
- PNC Financial expects Q3 NII to be ‘a little better than we thought’
- PNC: Guidance for Q3 average loans down about 1% ‘about right’