PNC Financial (PNC) Seen Benefiting from Consolidation and Rate Tailwinds

The PNC Financial Services Group Inc. (NYSE:PNC) is among the 15 Undervalued Momentum Stocks That Are Taking Off. According to a February 9 report from The Fly, JPMorgan raised its price target on The PNC Financial Services Group Inc. (NYSE:PNC) from $228.50 to $251. The firm also maintained an Overweight rating as it continues to have a constructive outlook on large-cap banks. The firm updated its sector estimates to reflect expectations of two rate cuts, while expecting long-term yields to “remain stick ...