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Fly News Breaks for August 11, 2015
PNC
Aug 11, 2015 | 07:57 EDT
Keefe Bruyette analyst Christopher Mutascio downgraded PNC Financial to Underperform from Market with the stock already near his recently raised price target of $101. There is some risk to consensus estimates as PNC's loan growth is slowing, Mutascio tells investors in a research note. He expects shares to underperform from here and keeps a $101 price target for the name.