<div id="readability-page-1"><p><span>Pinnacle Financial Partners (NASDAQ:PNFP - Get Free Report)</span> had its price target lifted by equities research analysts at JPMorgan Chase &amp; Co.  from $110.00 to $125.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has an &#34;overweight&#34; rating on the financial services provider's stock. JPMorgan Chase &amp; Co.'s price objective would indicate a potential upside of 24.66% from the stock's current price.</p><p>Several other analysts also recently commented on PNFP. Bank of America started coverage on shares of Pinnacle Financial Partners in a report on Monday, December 8th. They issued a &#34;buy&#34; rating and a $113.00 price objective on the stock. Raymond James Financial raised Pinnacle Financial Partners from a &#34;market perform&#34; rating to a &#34;strong-buy&#34; rating and set a $120.00 target price on the stock in a report on Thursday. Stephens reduced their price target on Pinnacle Financial Partners from $104.00 to $97.00 and set an &#34;equal weight&#34; rating for the company in a research report on Friday, October 17th. TD Cowen started coverage on Pinnacle Financial Partners in a research report on Thursday, September 25th. They issued a &#34;buy&#34; rating and a $122.00 price objective on the stock. Finally, Weiss Ratings  reaffirmed a &#34;hold (c+)&#34; rating on shares of Pinnacle Financial Partners in a report on Monday, December 8th. One research analyst  has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued  a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $110.62.</p><p><b>Read Our Latest Research Report on PNFP</b></p><h2>Pinnacle Financial Partners Stock Down 0.1%</h2><p>Pinnacle Financial Partners stock traded down $0.15 during midday trading on Tuesday, reaching $100.27. The company's stock had a trading volume of 79,479 shares, compared to its average volume of 855,835. The stock has a market capitalization of $7.78 billion, a P/E ratio of 12.73, a PEG ratio of 0.62 and a beta of 1.06. Pinnacle Financial Partners has a 52-week low of $81.57 and a 52-week high of $127.85. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.89 and a quick ratio of 0.89. The stock's 50-day simple moving average is $90.01 and its 200-day simple moving average is $97.31. </p><p>Pinnacle Financial Partners (NASDAQ:PNFP - Get Free Report) last posted its quarterly earnings results on Wednesday, October 15th. The financial services provider reported $2.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.05 by $0.22. The business had revenue of $544.80 million during the quarter, compared to analysts' expectations of $526.40 million. Pinnacle Financial Partners had a net margin of 19.17% and a return on equity of 9.91%. During the same quarter last year, the company posted $1.86 earnings per share.  On average, sell-side analysts expect that  Pinnacle Financial Partners will post 7.85 EPS for the current year. </p><h2>Insiders Place Their Bets</h2><p>In other Pinnacle Financial Partners news, Chairman Robert A. Mccabe, Jr. sold 6,775 shares of the business's stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $93.00, for a total value of $630,075.00. Following the completion of the transaction, the chairman owned 202,505 shares in the company, valued at $18,832,965. The trade was a 3.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director G Kennedy Thompson purchased 5,000 shares of the business's stock in a transaction on Monday, October 20th. The shares were bought at an average price of $87.63 per share, for a total transaction of $438,150.00. Following the acquisition, the director owned 33,372 shares in the company, valued at $2,924,388.36. This trade represents a 17.62% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.46% of the stock is owned by corporate insiders. </p><h2>Institutional Trading of Pinnacle Financial Partners</h2><p>Hedge funds have recently added to or reduced their stakes in the stock. Brown Brothers Harriman &amp; Co. purchased a new position in  Pinnacle Financial Partners in the 3rd quarter valued at about $26,000.  BOKF NA grew its stake in shares of  Pinnacle Financial Partners by 1,204.5% during the 3rd quarter. BOKF NA now owns 287 shares of the financial services provider's stock valued at $27,000 after buying an additional 265 shares during the period.  1248 Management LLC acquired a new stake in shares of  Pinnacle Financial Partners during the 1st quarter worth $29,000.  Covestor Ltd boosted its holdings in  Pinnacle Financial Partners by 193.9% in the third quarter. Covestor Ltd now owns 338 shares of the financial services provider's stock valued at $32,000 after acquiring an additional 223 shares during the last quarter.  Finally, Quent Capital LLC purchased a new stake in  Pinnacle Financial Partners during the third quarter valued at about $34,000. 87.40% of the stock is owned by institutional investors and hedge funds. </p><h2>About Pinnacle Financial Partners</h2> (Get Free Report)<p>Pinnacle Financial Partners, Inc, together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. The company accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, which includes online wire origination, enhanced ACH origination services, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services.</p><h2>Read More</h2><ul><li>Five stocks we like better than Pinnacle Financial Partners</li><li>3 Warren Buffett Stocks to Buy Now</li><li>Western Digital’s Nasdaq-100 Entry Caps Its AI-Driven Comeback</li><li>Stock Market Upgrades: What Are They?</li><li>Paramount Threw a Wrench in Netflix's Bid to Acquire Warner Bros.</li><li>What is the Australian Securities Exchange (ASX) </li><li>3 Healthcare Giants Just Raised Dividends—Here’s Who Pays the Most</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UE5GUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UE5GUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Pinnacle Financial Partners Right Now?</h2><p>Before you consider Pinnacle Financial Partners, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pinnacle Financial Partners wasn't on the list.</p><p>While Pinnacle Financial Partners currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PNFP

<p>JPMorgan Chase & Co. raised Pinnacle Financial Partners' price target from $110.00 to $125.00, maintaining an "overweight" rating, indicating a potential 24.66% upside. Other analysts have mixed ratings, with a consensus "Moderate Buy" and a target price of $110.62. The stock recently traded at $100.27, with a market cap of $7.78 billion.</p>

Pinnacle Financial Partners (NASDAQ:PNFP) Given New $125.00 Price Target at JPMorgan Chase & Co.