By: Benzinga
UPDATE: Nomura Initiates Coverage on PNC Financial Services at Buy, Acquisitions Key
In a report published Wednesday, Nomura initiated coverage on PNC Financial Services (NYSE: PNC ) with a Buy rating and $72.00 price target. Nomura noted, “PNC has evolved into a top 10 U.S. bank (by assets and deposits) through a combination of key acquisitions (e.g., National City in 2008) and
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