We recently compiled a list of the 10 Cheap Stocks With Strong Buy Ratings on Wall Street. The PNC Financial Services Group, Inc. is one of the cheap stocks to buy.
On December 18, TheFly reported that Morgan Stanley analyst Betsy Graseck raised PNC’s price target to $211 from $209, maintaining an Underweight rating. Around the same time, on December 17, PNC Multifamily Capital closed its 100th Low-Income Housing Tax Credit Fund, investing over $175 million to support nearly 1,500 affordable homes, highlighting the company’s commitment to community development and ESG-focused initiatives.
The same day, Truist Securities analyst John McDonald raised his price target to $229 from $210, maintaining a Hold rating. Truist cited stronger fee income, gradual credit cost increases, and increased share buybacks, supported by The PNC Financial Services Group, Inc. (NYSE:PNC)’s positive Q3 performance, improving credit metrics, and management commentary on operational trends, signaling confidence in the company’s long-term earnings potential.
The PNC Financial Services Group, Inc. (NYSE:PNC) is a leading diversified financial services institution in the United States, offering a wide range of banking, lending, investment, and asset management services to individuals, corporations, government entities, and nonprofit organizations.
While we acknowledge the potential of PNC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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