TD Cowen cut target for Pinnacle Financial Partners stock

Published on 10/08/2026 at 21:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pinnacle posted USD 2.50 adjusted earnings per share in the second quarter of 2026. Pinnacle Financial Partners stock costs EUR 84.25 on October 8, 2026.

Key points in brief

TD Cowen cut its Pinnacle Financial Partners price target from USD 119.00 to USD 115.00 on October 5, 2026.
Pinnacle reported adjusted earnings per share of USD 2.50 for the second quarter of 2026, above the USD 2.46 consensus estimate.
The Lang & Schwarz price was EUR 84.25 on October 8, 2026, while the primary exchange is the NYSE.
Third-quarter 2026 results are scheduled for October 21, 2026, after market close.

PNFP, US72348N1090, Illustration mit AI erstellt.

Pinnacle Financial Partners (ISIN US72348N1090) was trading at EUR 84.25 at Lang & Schwarz on October 8, 2026. On October 5, 2026, TD Cowen cut its price target from USD 119.00 to USD 115.00 while keeping a Buy rating, giving the stock a fresh valuation reference before third-quarter results.

Target falls to USD 115.00

According to Markets Insider on October 5, 2026, analyst Janet Lee lowered the TD Cowen target by USD 4.00, or 3.36 percent, from USD 119.00 to USD 115.00. The report said the firm maintained its Buy rating and viewed 2026 earnings trends as largely intact.

Barclays took a more constructive position in a report dated October 5, 2026, maintaining a Buy rating and a USD 130.00 target, according to Markets Insider. The USD 15.00 gap between the two targets shows how analysts differ on the bank after its large-scale merger integration.

Second-quarter earnings beat estimates

Zacks reported on July 22, 2026, that Pinnacle delivered adjusted earnings per share of USD 2.50 for the quarter ended June 2026, above the USD 2.46 consensus estimate. The USD 0.04 surprise equaled 1.63 percent, while revenue reached USD 1.23 billion and exceeded consensus by 0.45 percent.

What does the target cut change?

The lower TD Cowen target matters because it narrows the valuation cushion even as the second-quarter earnings comparison remained positive. Barclays at USD 130.00 and TD Cowen at USD 115.00 frame a USD 15.00 spread around the same stock, leaving the October earnings release as the next major test of loan growth, fee income and merger execution.

Three events shape the bank

In January 2026, Pinnacle completed an all-stock merger with Synovus valued at USD 8.60 billion, according to Simply Wall St. On July 22, 2026, the company reported second-quarter adjusted earnings per share of USD 2.50 and revenue of USD 1.23 billion, as Zacks reported. On October 5, 2026, TD Cowen reduced its target to USD 115.00 from USD 119.00, according to Markets Insider.

Next dates are October 21 and 22

According to Business Wire on September 22, 2026, Pinnacle will release third-quarter results on October 21, 2026, after market close. Management will host a conference call on October 22, 2026, at 8:00 a.m. ET.

Stock price and trading context

The Lang & Schwarz quote stood at EUR 84.25 on October 8, 2026. The finance quote for the NYSE listing showed USD 94.38 at 3:11 p.m. ET on the same date, with a market capitalization of USD 14.3 billion and a 52-week range of USD 81.08 to USD 110.33.

The further course of trading is shown by the continuously updated real-time quote of Pinnacle Financial Partners stock.