Piper Sandler Lifts Pinnacle Financial Partners Target to $122, Citing Loan Growth and Balance Sheet Expansion
Piper Sandler raised its price target for Pinnacle Financial Partners (PNFP) to $122 from $120 and kept an Overweight rating after reviewing the bank's fourth-quarter 2025 results and 2026 guidance. The firm boosted 2026 and 2027 EPS estimates, pointing to stronger loan growth and a larger balance sheet as the rationale. Pinnacle reported a revenue…