PNC Financial shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target on the stock from $185 to $200.
Portfolio Pulse from Benzinga Newsdesk
PNC Financial shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $185 to $200.
August 15, 2024 | 3:59 pm
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POSITIVE IMPACT
B of A Securities upgraded PNC Financial from Neutral to Buy and increased its price target from $185 to $200, leading to a rise in PNC's stock price.
The upgrade from Neutral to Buy and the increased price target from a reputable firm like B of A Securities is likely to positively influence investor sentiment and drive short-term price appreciation for PNC Financial.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100