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Stock impact report

The PNC Financial Services Group, Inc. (PNC) Draws Mixed Analyst Views Despite Higher Price Targets [Yahoo! Finance]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: Yahoo! Finance
On December 18, TheFly reported that Morgan Stanley analyst Betsy Graseck raised PNC's price target to $211 from $209, maintaining an Underweight rating. Around the same time, on December 17, PNC Multifamily Capital closed its 100th Low-Income Housing Tax Credit Fund, investing over $175 million to support nearly 1,500 affordable homes, highlighting the company's commitment to community development and ESG-focused initiatives. The same day, Truist Securities analyst John McDonald raised his price target to $229 from $210, maintaining a Hold rating. Truist cited stronger fee income, gradual credit cost increases, and increased share buybacks, supported by The PNC Financial Services Group, Inc. (NYSE:PNC)'s positive Q3 performance, improving credit metrics, and management commentary on operational trends, signaling confidence in the company's long-term earnings potential. The PNC Financial Services Group, Inc. (NYSE:PNC) is a leading diversified financial services institution in th Show less Read more
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