Wells Fargo Downgrades Pinnacle Finl Partners to Equal-Weight, Maintains Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Shaw has downgraded Pinnacle Financial Partners (NASDAQ:PNFP) from Overweight to Equal-Weight, while maintaining the price target at $100.

October 01, 2024 | 2:20 pm
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Wells Fargo has downgraded Pinnacle Financial Partners from Overweight to Equal-Weight, maintaining the price target at $100. This suggests a neutral outlook on the stock.
The downgrade from Overweight to Equal-Weight by Wells Fargo indicates a shift from a positive to a neutral stance on Pinnacle Financial Partners. Maintaining the price target suggests no expected significant upside, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100