JP Morgan Maintains Overweight on PNC Finl Servs Gr, Lowers Price Target to $163
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Vivek Juneja maintains an Overweight rating on PNC Financial Services Group (PNC) and lowers the price target from $163.5 to $163.
May 01, 2024 | 7:24 pm
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NEUTRAL IMPACT
JP Morgan maintains an Overweight rating on PNC Financial Services Group, with a slight reduction in the price target from $163.5 to $163.
The adjustment in price target by JP Morgan is minor, suggesting a continued positive outlook on PNC Financial Services Group but with a slight recalibration of expectations. This could have a neutral to slightly positive impact on the stock as it reflects confidence in the company's fundamentals, albeit with a minor adjustment in valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100