Pinnacle Financial Partners Sees Price Target Cut by JPMorgan Chase & Co.
Pinnacle Financial Partners (NYSE:PNFP) saw its price target lowered by analysts at JPMorgan Chase & Co. from $120.00 to $115.00 in a report released on Thursday.
This revised target indicates a potential upside of 23.76% from the stock's current price, which stood at $92.92 as of Thursday's trading session.
According to the report, JPMorgan Chase & Co. currently maintains an 'overweight' rating on PNFP shares.
The brokerage firm's revised target is in line with other recent estimates from analysts, including a $112.00 price target set by Stephens and a $125.00 price objective from Hovde Group.