Citigroup Initiates Coverage On Pinnacle Finl Partners with Buy Rating, Announces Price Target of $86
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ben Gerlinger has initiated coverage on Pinnacle Financial Partners (NASDAQ:PNFP) with a Buy rating and set a price target of $86.
December 01, 2023 | 10:25 am
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Citigroup analyst Ben Gerlinger initiated coverage on Pinnacle Financial Partners with a Buy rating and a price target of $86.
The initiation of coverage by Citigroup with a Buy rating typically suggests a positive outlook on the stock, indicating an expectation of outperformance in the short term. The price target of $86 implies a potential upside from the current trading price, which can positively influence investor sentiment and potentially drive the stock price up in the short term.
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