HSBC Upgrades PNC Finl Servs Gr to Hold, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Saul Martinez upgrades PNC Financial Services Group (PNC) from Reduce to Hold and increases the price target from $141 to $155.

March 28, 2024 | 9:04 am
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PNC Financial Services Group was upgraded by HSBC from Reduce to Hold, with a price target increase from $141 to $155.
Upgrades by major analysts like HSBC can lead to increased investor confidence and potential stock price appreciation. The upgrade from Reduce to Hold suggests a more favorable outlook for PNC, and the increase in price target from $141 to $155 indicates an expectation of higher future stock performance. This could attract more investors to the stock in the short term, likely leading to an increase in its price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100