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Fly News Breaks for April 1, 2016
PNC
Apr 1, 2016 | 06:35 EDT
Evercore analysts led by John Pancari upgraded PNC Financial to Buy and raised its price target to $94 from $86. The analyst said improving visibility and earnings should support shares and notes the company has avoided of CRE, energy, and auto which will lead to better credit performance down the road. Further, Pancari expects PNC to benefit from expense leverage as infrastructure investments slow.
News For PNC From the Last 2 Days
