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Fly News Breaks for April 18, 2018
PNFP
Apr 18, 2018 | 07:18 EDT
SunTrust analyst Jennifer Demba lowered her price target on Pinnacle Financial to $73 after the company's Q1 earnings. Demba notes that despite the beat, Pinnacle forecast lower net interest income and higher expenses. The analyst also kept her Buy rating, saying the positive aspects of the quarterly update included a healthy loan growth and "very positive" revenue producer hiring trends.
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