BUZZ-Hovde Group raises PT on Pinnacle Financial to $115

Reuters11-25

** Hovde Group raises price target on regional lender Pinnacle Financial PNFP.O to $115 from $106

** New PT represents a 27.6% upside to the stock's last close

** Brokerage raises PT citing early success in Synovus Financial SNV.N adopting PNFP's model and success with new hires

** In July, PNFP and SNV agreed to combine in an $8.6 billion all-stock deal, forming one of the largest regional banks in the southeastern United States

** Hovde analysts now think the PNFP-SNV combination will outperform expectations over time, and the stock’s current discount could narrow as the market sees the benefits of the merger

** 7 of 14 brokerages rate the stock "buy" or higher and 7 hold; their median PT is $108.50 — data compiled by LSEG

** As of last close, PNFP down 21.2% YTD

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2586492522?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-25 03:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2586492522","market":"us","top_or_hot":-1,"title":"BUZZ-Hovde Group raises PT on Pinnacle Financial to $115","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Hovde Group raises PT on Pinnacle Financial to $115</title></head><body><p>** Hovde Group raises price target on regional lender Pinnacle Financial <span>PNFP.O</span> to $115 from $106</p><p>** New PT represents a 27.6% upside to the stock's last close</p><p>** Brokerage raises PT citing early success in Synovus Financial <span>SNV.N</span> adopting PNFP's model and success with new hires</p><p>** In July, PNFP and SNV <span>agreed to combine</span> in an $8.6 billion all-stock deal, forming one of the largest regional banks in the southeastern United States </p><p>** Hovde analysts now think the PNFP-SNV combination will outperform expectations over time, and the stock’s current discount could narrow as the market sees the benefits of the merger</p><p>** 7 of 14 brokerages rate the stock \"buy\" or higher and 7 hold; their median PT is $108.50 — data compiled by LSEG</p><p>** As of last close, PNFP down 21.2% YTD</p><p>(Reporting by Pragyan Kalita in Bengaluru)</p><p>((Pragyan.Kalita@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Hovde Group raises PT on Pinnacle Financial to $115</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Hovde Group raises PT on Pinnacle Financial to $115\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-25 03:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Hovde Group raises PT on Pinnacle Financial to $115</title></head><body><p>** Hovde Group raises price target on regional lender Pinnacle Financial <span>PNFP.O</span> to $115 from $106</p><p>** New PT represents a 27.6% upside to the stock's last close</p><p>** Brokerage raises PT citing early success in Synovus Financial <span>SNV.N</span> adopting PNFP's model and success with new hires</p><p>** In July, PNFP and SNV <span>agreed to combine</span> in an $8.6 billion all-stock deal, forming one of the largest regional banks in the southeastern United States </p><p>** Hovde analysts now think the PNFP-SNV combination will outperform expectations over time, and the stock’s current discount could narrow as the market sees the benefits of the merger</p><p>** 7 of 14 brokerages rate the stock \"buy\" or higher and 7 hold; their median PT is $108.50 — data compiled by LSEG</p><p>** As of last close, PNFP down 21.2% YTD</p><p>(Reporting by Pragyan Kalita in Bengaluru)</p><p>((Pragyan.Kalita@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251124:nL4N3X015F:1","article_id":"2586492522","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586492522","pubTimestamp":1764012451,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Hovde Group raises PT on Pinnacle Financial to $115** Hovde Group raises price target on regional lender Pinnacle Financial PNFP.O to $115 from $106** New PT represents a 27.6% upside to the stock's last close** Brokerage raises PT citing early success in Synovus Financial SNV.N adopting PNFP's model and success with new hires** In July, PNFP and SNV agreed to combine in an $8.6 billion all-stock deal, forming one of the largest regional banks in the southeastern United States ** Hovde analysts now think the PNFP-SNV combination will outperform expectations over time, and the stock’s current discount could narrow as the market sees the benefits of the merger** 7 of 14 brokerages rate the stock \"buy\" or higher and 7 hold; their median PT is $108.50 — data compiled by LSEG** As of last close, PNFP down 21.2% YTD","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","PNFP":"Pinnacle Financial Partners","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","SNV":"西诺乌斯金融"},"translate_title":"BUZZ-Hovde Group将Pinnacle Financial的PT提高至115美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PNFP":0.9,"SNV":0.9},"content_text":"BUZZ-Hovde Group raises PT on Pinnacle Financial to $115** Hovde Group raises price target on regional lender Pinnacle Financial PNFP.O to $115 from $106** New PT represents a 27.6% upside to the stock's last close** Brokerage raises PT citing early success in Synovus Financial SNV.N adopting PNFP's model and success with new hires** In July, PNFP and SNV agreed to combine in an $8.6 billion all-stock deal, forming one of the largest regional banks in the southeastern United States ** Hovde analysts now think the PNFP-SNV combination will outperform expectations over time, and the stock’s current discount could narrow as the market sees the benefits of the merger** 7 of 14 brokerages rate the stock \"buy\" or higher and 7 hold; their median PT is $108.50 — data compiled by LSEG** As of last close, PNFP down 21.2% YTD(Reporting by Pragyan Kalita in Bengaluru)((Pragyan.Kalita@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2586492522","isCrawlerRequest":true}