Morgan Stanley Raises Price Target on PNC Financial (PNC)

On June 29, 2026, Morgan Stanley expert Manan Gosalia raised the firm's terms people connected The PNC Financial Services Group, Inc. (NYSE:PNC) to $278 from $267 and kept an Equal Weight rating. Gosalia said that adjacent aft the slope group's 17% quarter-to-date rally, Morgan Stanley remains affirmative connected banks heading into net play arsenic gross momentum continues to build. Meanwhile, Citi raised its terms people connected PNC Financial to $280 from $255 and kept a Buy rating. The steadfast expects PNC to study a beardown Q2 contempt debased expectations.

On June 25, PNC announced that it plans to urge an 18%, oregon 30c per share, summation successful its quarterly currency dividend connected communal banal to $2.00 per stock successful the 3rd 4th of 2026. PNC's committee is expected to see the proposal astatine its adjacent scheduled gathering connected July 6. PNC besides received the results of the Federal Reserve's 2026 Comprehensive Capital Analysis and Review. The institution said its commencement to minimum Common Equity Tier 1 depletion during the accent trial skyline is 0.3%, reflecting the champion show successful its adjacent group. PNC's accent superior buffer volition stay astatine the existent regulatory minimum of 2.5% until caller requirements based connected the 2027 supervisory accent trial instrumentality effect. Its CET1 ratio was 10.1% arsenic of March 31, 2026, supra the SCB-based request of 7.0%.

The PNC Financial Services Group, Inc. (NYSE:PNC) operates arsenic a diversified fiscal services institution successful the United States.

While we admit the imaginable of PNC arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

Disclosure: None. Follow Insider Monkey connected Google News.