Wunderlich Securities Upgrades Pinnacle Financial Partners (PNFP) to Buy
More News related to PNFP
- Pinnacle Financial Partners (PNFP) Posts Q4 Loss of $0.12, Wider than Estimates
- Pinnacle Financial Reports Fourth Quarter 2009 Results
- Trading Radar for 1/19: Citigroup (C), IBM (IBM), McMoRan (MMR), CSX (CSX), Forest Labs (FRX) Reports
- Pinnacle Financial Announces Dates for Fourth Quarter 2009 Earnings Release and Conference Call
- Keefe, Bruyette & Woods Upgrades Pinnacle Financial Partners (PNFP) to Outperform; Advocates Market Weight Position on Regional Banks
More News related to Upgrades
- Soleil Securities Upgrades Zebra Technologies (ZBRA) to Gradually Accumulate; Valuation Call
- UBS Issues Intraday Upgrade on Cimarex Energy (XEC)
- Boenning & Scattergood Upgrades Equinix (EQIX) to Outperform
- Avondale Partners Upgrades ADC Telecommunications (ADCT) to Market Outperform
- Johnson Rice Upgrades Pool Corp (POOL) to Overweight
Wunderlich Securities upgrades Pinnacle Financial Partners (Nasdaq: PNFP) from Hold to Buy. Price target $26.
Wunderlich analyst says, "Sector weakness has created the pullback in share price that we needed to become more interested in Pinnacle Financial. We view Pinnacle as a best-in-class community bank and we believe that the company s above-average growth prospects are no longer appropriately discounted in the current share price. Additionally, we consider the company's abundant capital and strong coverage of nonperforming loans as supportive of our upgrade."
Pinnacle Financial Partners, Inc. (Pinnacle Financial) is a bank holding company whose primary business is conducted by its wholly owned subsidiary, Pinnacle National Bank (Pinnacle National or the Bank).
Related Categories
UpgradesStocks Mentioned
+0.19Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
