Oppenheimer Upgrades PNC Financial (PNC) to Outperform

Oppenheimer analyst Chris Kotowski upgraded PNC Financial (NYSE: PNC) from Perform to Outperform with a price target of $238.00.

The analyst commented: "We are also upgrading PNC from Perform to Outperform with a $238 price target. The shares have lagged the BKX, up just 0.6% YTD and 7.0% in the LTM versus 14.0% and 26.1% for the BKX (and 8.6% and 17.1% for the S&P 500). At the same time, PNC to us very much epitomizes the kind of straightforward commercial bank that benefits from the five little things. Consensus EPS estimates for 2025 have steadily crept up from $14.67 this time last year to $15.49, and it is pretty easy to see a path to double digit earnings growth in 2026. "

For an analyst ratings summary and ratings history on PNC Financial click here. For more ratings news on PNC Financial click here.

Shares of PNC Financial closed at $193.37 yesterday.

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