Morgan Stanley Maintains Underweight on PNC Finl Servs Gr, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Underweight rating on PNC Financial Services Group (NYSE:PNC) but raises the price target from $177 to $180.
October 16, 2024 | 12:06 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Underweight rating on PNC Financial Services Group but raises the price target from $177 to $180.
The Underweight rating suggests a bearish outlook, but the slight increase in the price target indicates some positive expectations. The impact on the stock price is likely neutral in the short term as the mixed signals may balance each other out.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100