Goldman Sachs Maintains Neutral on PNC Finl Servs Gr, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Ramsden maintains a Neutral rating on PNC Financial Services Group (NYSE:PNC) and lowers the price target from $189 to $180.
September 11, 2024 | 5:36 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Goldman Sachs has maintained a Neutral rating on PNC Financial Services Group and reduced the price target from $189 to $180, indicating a cautious outlook.
The lowering of the price target by Goldman Sachs suggests a less optimistic view on PNC's short-term performance, which could lead to a negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target reflects potential challenges or lower expected returns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100