Morgan Stanley Maintains Underweight on PNC Finl Servs Gr, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Underweight rating on PNC Financial Services Group (NYSE:PNC) and lowers the price target from $167 to $165.
July 17, 2024 | 4:43 pm
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NEGATIVE IMPACT
Morgan Stanley analyst Betsy Graseck maintains an Underweight rating on PNC Financial Services Group and lowers the price target from $167 to $165.
The Underweight rating and lowered price target from a major financial institution like Morgan Stanley is likely to negatively impact investor sentiment and short-term stock price of PNC Financial Services Group.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100