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Pinnacle Financial Partners Inc has a consensus price target of $103.47 based on the ratings of 16 analysts. The high is $135 issued by Hovde Group on November 18, 2024. The low is $80 issued by Keefe, Bruyette & Woods on April 6, 2023. The 3 most-recent analyst ratings were released by Hovde Group, Truist Securities, and Citigroup on November 18, 2024, October 21, 2024, and October 17, 2024, respectively. With an average price target of $125.67 between Hovde Group, Truist Securities, and Citigroup, there's an implied -0.41% downside for Pinnacle Financial Partners Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Pinnacle Finl Partners (NASDAQ:PNFP) was reported by Hovde Group on November 18, 2024. The analyst firm set a price target for $135.00 expecting PNFP to rise to within 12 months (a possible 6.99% upside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Pinnacle Finl Partners (NASDAQ:PNFP) was provided by Hovde Group, and Pinnacle Finl Partners downgraded their market perform rating.
The last upgrade for Pinnacle Financial Partners Inc happened on October 10, 2023 when Jefferies raised their price target to $71. Jefferies previously had an underperform for Pinnacle Financial Partners Inc.
The last downgrade for Pinnacle Financial Partners Inc happened on November 18, 2024 when Hovde Group changed their price target from N/A to $135 for Pinnacle Financial Partners Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pinnacle Finl Partners, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Pinnacle Finl Partners was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Pinnacle Finl Partners (PNFP) rating was a downgraded with a price target of $0.00 to $135.00. The current price Pinnacle Finl Partners (PNFP) is trading at is $126.18, which is within the analyst’s predicted range.
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