Citi analyst Keith Horowitz on Monday upgraded PNC Financial to buy from hold and reiterated its $175 price target as analysts assess the banking landscape...
Citi analyst Keith Horowitz on Monday upgraded PNC Financial PNC to buy from hold and reiterated its $175 price target as analysts assess the banking landscape after the demise of Silicon Valley Bank SIVB, Signature Bank SBNY and Silvergate Capital SI over the past three days. Horowitz said PNC is part of the banking camp offering “a strong pair of hands” along with buy-rated Wells Fargo & Co. WF and JPMorgan Chase & Co. JPM.
Citi analyst Keith Horowitz on Monday upgraded PNC Financial PNC to buy from hold and reiterated its $175 price target as analysts assess the banking landscape after the demise of Silicon Valley Bank SIVB , Signature Bank SBNY and Silvergate Capital SI over the past three days. Horowitz said PNC is part of the banking camp offering “a strong pair of hands” along with buy-rated Wells Fargo & Co. WFC and JPMorgan Chase & Co. JPM .
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive: PNC, RBC interest in SVB cools as regulators seek rescue bidsInterest from two early suitors for Silicon Valley Bank - PNC Financial Group Inc and Royal Bank of Canada - had cooled on Sunday, as U.S. regulators invited bids for the failed lender, according to sources familiar with the matter.
Read more »
Exclusive: PNC, RBC interest in SVB cools as regulators seek bidsThe FDIC has been trying to find a buyer after taking control of the collapsed Bank on Friday so that corporate clients that had their money frozen can meet their payroll obligations. But a deal on a tight timeline has proven to be hard.
Read more »
J.P. Morgan, PNC among suitors for SVB holding companyTalks exclude the stricken commercial bank, sources told Axios.
Read more »
JPMorgan, PNC among suitors for SVB Financial in deal excluding SVB Bank - AxiosJPMorgan Chase & Co and PNC Financial Service Group Inc are among those in talks about acquiring SVB Financial Group in a deal that would exclude its commercial banking unit Silicon Valley Bank that is currently under U.S. control, Axios reported on Monday citing sources.
Read more »
'Unprecedented growth': Citi reveals its 4 top stocks in renewables right nowAs the energy sector undergoes 'transformational change,' Citi reveals four buy-rated stocks, including one with almost 50% upside.
Read more »
Virtual South Korean K-pop Star Apoki Teams With Charles & KeithWho better than virtual K-pop artist Apoki to front Singapore-rooted fashion label Charles & Keith's foray into the metaverse?
Read more »