BUZZ-Pinnacle Financial up after rise in quarterly profit

Reuters
16 Jul
BUZZ-Pinnacle Financial up after rise in quarterly profit

** Shares of financial holding company Pinnacle Financial PNFP.O rise about 1.62% to $116.75 in extended trading

** PNFP reports Q2 diluted EPS of $2, compared with 64 cents a year ago

** Company's total revenue grows 37.8% to $505 million in Q2

** Eight of 13 brokerages rate the stock "buy" or higher, five rate "hold"; their median PT is $124.50, according to data compiled by LSEG

** As of last close, stock up ~0.4% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

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