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Raymond James Upgrades PNC Financial (PNC) to Market Perform

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Nomura Securities Downgrades PNC Financial (PNC) to Neutral

October 10, 2016 7:18 AM EDT

Nomura 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