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Fly News Breaks for October 15, 2018
PNC
Oct 15, 2018 | 08:00 EDT
Baird analyst David George said he remains a buyer of PNC Financial as the weakness in the shares following Q3 results seems to be overdone. The analyst said the core results were inline and he highlighted the strong intermediate-term outlook with its focus on expense controls, a strong fee income franchise, new expansion markets, and solid credit quality. George reiterated its Outperform rating and $153 price target on PNC shares.
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