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Fly News Breaks for September 19, 2016
PNC
Sep 19, 2016 | 09:01 EDT
As noted earlier, BMO Capital upgraded PNC to Outperform from Market Perform. Analyst Lana Chan says she thinks that the company's results can beat expectations going forward, driven by fee income, tight expense management, and acceleration in loan growth over the next few years. She says that the stock's valuation is "compelling." Target to $101 from $94.