Stock Track | Pinnacle Financial Partners Soars 5.05% Intraday After Deutsche Bank Initiates Coverage with Buy Rating

Stock Track

01/22

Pinnacle Financial Partners (PNFP) saw its stock price surge 5.05% during intraday trading on Wednesday, following Deutsche Bank's initiation of coverage with a Buy rating and a $116 price target. The firm highlighted a potential 19% upside for the stock, citing strong growth prospects.

Deutsche Bank's bullish stance aligns with PNFP's recent performance, including its history of beating revenue forecasts. Analysts polled by FactSet also maintain an average Overweight rating on the stock, with a mean price target of $114.17.

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