What 5 Analyst Ratings Have To Say About Pinnacle Finl Partners
Portfolio Pulse from Benzinga Insights
Recent analyst evaluations of Pinnacle Financial Partners (NASDAQ:PNFP) show a mix of opinions, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for PNFP has risen to $96.8, indicating a positive outlook from analysts. The company faces challenges in revenue growth and ROE but excels in net margin and ROA. It operates primarily in Tennessee, focusing on commercial loans and relying on mergers and acquisitions for growth.
March 08, 2024 | 2:01 pm
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POSITIVE IMPACT
Pinnacle Financial Partners has received mixed analyst ratings with a recent shift towards neutrality, but the average 12-month price target has increased, indicating a positive outlook.
The increase in the average 12-month price target for PNFP suggests a positive outlook from analysts, despite the company's recent challenges in revenue growth and ROE. This could lead to a short-term positive impact on PNFP's stock price as the market reacts to the analysts' revised expectations. The company's strong net margin and ROA, along with its strategic focus on commercial loans and growth through mergers and acquisitions, further support the potential for positive performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100