Raymond James Upgrades PNC Financial (PNC) to Market Perform
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
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Nomura Securities Downgrades PNC Financial (PNC) to Neutral
October 10, 2016 7:18 AM EDTNomura Securities downgraded PNC Financial (NYSE: PNC) from Buy to Neutral on valuation.
Analyst Bill Carcache commented, "Going into 2Q16 results, we saw relative value in PNC and moved to an overweight position versus MTB. PNC has outperformed MTB by... More