RBC Capital Reiterates Outperform on PNC Finl Servs Gr, Maintains $140 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gerard Cassidy has reiterated an 'Outperform' rating on PNC Financial Services Group (NYSE:PNC) and maintained a price target of $140.
September 29, 2023 | 4:16 pm
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POSITIVE IMPACT
RBC Capital's reiterated 'Outperform' rating and maintained price target of $140 could positively influence PNC's stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. RBC Capital's 'Outperform' rating suggests that they expect PNC's stock to outperform the market, which could encourage investors to buy the stock, potentially driving up its price. The maintained price target of $140 also indicates that RBC Capital believes the stock is currently undervalued, which could further boost investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100