Pinnacle Financial Partners Inc (NASDAQ: PNFP) stock closed at $122.58 on 11/6/24 after a major increase of 15.3%. Moreover, exceptionally high trading volume at 289% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 17.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, PNFP is expected to continue to be a modest Value Builder.
Pinnacle Financial Partners has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Pinnacle Financial Partners has a good Appreciation Score of 84 and a very high Power Rating of 85, resulting in the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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