Piper Sandler Maintains Neutral on PNC Finl Servs Gr, Raises Price Target to $143
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Scott Siefers has maintained a Neutral rating on PNC Financial Services Group (NYSE:PNC) but increased the price target from $125 to $143.
December 08, 2023 | 8:37 pm
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Piper Sandler has maintained a Neutral rating on PNC Financial Services Group but raised the price target from $125 to $143, indicating a positive outlook on the stock's value.
The increase in price target by Piper Sandler suggests an improved outlook on PNC's stock value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100