Wunderlich Securities Reiterates Pinnacle Financial Partners Buy, $18 PT (PNFP)

Wunderlich Securities reiterated its Pinnacle Financial Partners PNFP Buy rating and $18 price target in a research report published today. In the report, Wunderlich Securities states, "PNFP's 1Q11 results of $0.06 marked its 3rd consecutive quarter of profitability and beat consensus estimates by $0.03, establishing an undeniable trend of improving profitability." Shares of Pinnacle Financial Partners were trading at $15.39 at the time of posting, down 2.84% from Monday's market close.