Wells Fargo & Company (NYSE:WFC) is one of the 10 best banking stocks to buy according to hedge funds. As of the close of play on February 23, consensus sentiment around Wells Fargo & Company (NYSE:WFC) remained moderately bullish. The stock received coverage from 19 analysts, 10 of whom assigned Buy ratings and 9 gave Hold calls. With no Sell rating, it has a projected median 1-year price target of $100.03, which leads to an upside potential of more than 18%. What Do Further Rate Cuts Mean for Wells Far ...

The PNC Financial Services Group, Inc. (NYSE:PNC) is one of the 10 best banking stocks to buy according to hedge funds. On January 20, RBC Capital Markets analyst Gerard Cassidy raised the firm’s price target on The PNC Financial Services Group, Inc. (NYSE:PNC) from $222 to $235, while maintaining an Outperform rating. Diverse Revenue Mix Sparks Optimism Around The PNC Financial Services Group, Inc. (PNC) The analyst highlighted that the bank’s strategy remains centered on commercial banking, supported ...

Truist Financial Corporation (NYSE:TFC) is one of the 10 best banking stocks to buy according to hedge funds. On February 17, Morgan Stanley analyst Manan Gosalia raised the price target on Truist Financial Corporation (NYSE:TFC) from $56 to $69. In the process, the analyst also upgraded the stock from an Equal Weight to an Overweight rating. Truist Financial Corporation (TFC) Projected to Exhibit Loan Growth Gosalia estimates that the bank holds approximately $14.6 billion in excess capital above regul ...

KeyCorp (NYSE:KEY) is one of the 10 best banking stocks to buy according to hedge funds. On January 26, Truist analyst Brian Foran reaffirmed his Hold rating for KeyCorp (NYSE:KEY). The analyst increased the stock’s price target from $22 to $23, resulting in a revised upside potential above 9%. Here is What Lies Ahead For KeyCorp (KEY) Foran’s revision followed the company’s fourth-quarter results announcement. The upward adjustment is driven by expectations for higher FY26 net interest income and a pro ...

Citizens Financial Group, Inc. (NYSE:CFG) is one of the 10 best banking stocks to buy according to hedge funds. On January 23, Kevin Heal from Argus increased the firm’s price target on Citizens Financial Group, Inc. (NYSE:CFG) from $60 to $72. The analyst maintained his Buy rating on the shares, with an upside potential in the mid-teens. Citizens Financial Group, Inc. (CFG) Positioned to Capitalize on Structural Catalysts Argus shared its revision following the company’s stronger-than-expected fourth-q ...

Pinnacle Financial Partners, Inc. (NYSE:PNFP) is one of the 10 best banking stocks to buy according to hedge funds. On January 28, Stephen Scouten from Piper Sandler increased the firm’s price target on Pinnacle Financial Partners, Inc. (NYSE:PNFP) from $120 to $122. The analyst maintained his Overweight rating on the shares, with a revised upside potential of more than 29%. Pinnacle Financial Partners, Inc. (PNFP) to Benefit From an Optimistic Outlook Despite recent underperformance following the fourt ...

Huntington Bancshares Incorporated (NASDAQ:HBAN) is one of the 10 best banking stocks to buy according to hedge funds. On February 3, John Pancari from Evercore ISI resumed coverage of Huntington Bancshares Incorporated (NASDAQ:HBAN) with an Outperform rating and $21 price target, after the acquisition of Cadence Bank. This results in an upside potential of almost 23% at the current level. Huntington Bancshares Incorporated (HBAN) Fuels Confidence Through Its Acquisitive Strategy The analyst sees Huntin ...

Citigroup Inc. (NYSE:C) is one of the 10 best banking stocks to buy according to hedge funds. On January 15, Piper Sandler reiterated its Overweight rating for Citigroup Inc. (NYSE:C). The firm also raised the price target from $130 to $135, leading to an upside potential of 23% at the prevailing level. What Makes Citigroup Inc. (C) Appear So Attractive Piper Sandler’s revisions came at the back of the company’s fourth quarter earnings. Based on management’s adjusted guidance, the firm has raised its EP ...

Bank of America Corporation (NYSE:BAC) is one of the 10 best banking stocks to buy according to hedge funds. As of February 23 closing, Bank of America Corporation (NYSE:BAC) carried a highly bullish sentiment. The stock received coverage from 19 analysts, 15 of whom assigned Buy ratings and 4 gave Hold calls. With no Sell rating, it has a projected median 1-year price target of $61.81, which leads to an upside potential of more than 22%. Here is Why Bank of America Corporation (BAC) is Highly Favored By ...

First Horizon Corporation (NYSE:FHN) is one of the 10 best banking stocks to buy according to hedge funds. On February 24, Ben Gerlinger from Citi reaffirmed his Buy rating on First Horizon Corporation (NYSE:FHN). The analyst also raised the firm’s price target slightly, from $28 to $28.50, yielding an upside potential of almost 19%. His revision is based on “solid” profitability projections for regional banks amid a “normalized yield curve now in play.” Citi Reiterates Buy Rating on First Horizon Corpor ...