Bitget App
Trade smarter
MarketsTradeFuturesStocksEarnInstitutionAI & More
BUZZ - Pinnacle Financial shares rise on third-quarter profit growth

BUZZ - Pinnacle Financial shares rise on third-quarter profit growth

路透社路透社2026/10/21 19:56
Show original

- **Pinnacle Financial Partners PNFP.N shares rose 2.7% to $97.86 after releasing its third quarter earnings report

**The commercial lender reported an adjusted net profit of $409 million for the third quarter, or $2.69 per share, compared with $175 million, or $2.27 per share, in the same period last year

** According to data compiled by London Stock Exchange Group (LSEG), 17 out of 21 analysts rated the stock as "Strong Buy" or "Buy", while 4 rated it as "Hold"; the median analyst target price is $117

** Including the day's movement, PNFP is down 0.6% year-to-date


(To assist non-English speakers, Reuters has automated the translation of its reports into several other languages. Reuters does not guarantee the accuracy of automated translation as it may contain errors or lack required context. Automated translation is provided for the convenience of readers only. Reuters assumes no responsibility for any harm or loss caused by use of automated translation.)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Susquehanna raises pre-earnings price targets for chip stocks: AMD (AMD.US), Qualcomm (QCOM.US), etc. receive upward revisions

Susquehanna has adjusted the target prices for chip stocks such as AMD, Intel, and Qualcomm.

智通财经•2026/10/22 04:18
Susquehanna raises pre-earnings price targets for chip stocks: AMD (AMD.US), Qualcomm (QCOM.US), etc. receive upward revisions

Wedbush: Hard drive supply falls short of demand, Seagate (STX.US) and Western Digital (WDC.US) earnings reports may bring surprises

Wedbush reiterated its "outperform" ratings for Seagate and Western Digital, setting target prices at $1,000 and $650, respectively.

智通财经•2026/10/22 04:17
Wedbush: Hard drive supply falls short of demand, Seagate (STX.US) and Western Digital (WDC.US) earnings reports may bring surprises

JPMorgan maintains Underweight rating on Nike (NKE.US): Deep in adjustment pains, performance pressures may persist until fiscal year 2028

Recently, JPMorgan released a U.S. equity research report on Nike. The research team participated in a face-to-face meeting with Nike's new CFO, Denton, updated profit assumptions based on management statements, and maintained an “underweight” investment rating on Nike.

智通财经•2026/10/22 03:57