PNC Financial Services Group Inc. (NYSE:PNC) on Wednesday reported upbeat second-quarter 2026 results and raised its full-year revenue outlook.Adjusted earnings were $4.85 per share, topping the analyst consensus estimate of $4.43. Revenue increased to $6.88 billion from $5.66 billion a year earlier, ahead of the consensus estimate of $6.50 billion.The bank raised its full-year 2026 revenue outlook to about $26.10 billion from about $25.64 billion, above the Wall Street estimate of $25.92 billion.Chairman and Chief Executive Officer William Demchak said the quarter reflected disciplined execution, a successful FirstBank integration and a strong capital position that supports customers, shareholders and communities.PNC Financial shares rose 04% to trade at $255.04 on Thursday.These analysts made changes to their price targets on PNC Financial following earnings announcement.
Baird analyst David George maintained the stock with an Outperform rating and raised the price target from $250 to $280.
Stephens & Co. analyst Andrew Terrell maintained the stock with an Overweight rating and raised the price target from $265 to $275.
Barclays analyst Jason Goldberg maintained the stock with an Overweight rating and raised the price target from $277 to $284.
