JPMorgan Lowers Pinnacle Financial Partners Price Target

Analysts cut the price target on the Nashville-based bank's stock from $120 to $105.

Apr. 1, 2026 at 8:29pm

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JPMorgan Chase & Co. analysts have lowered their price target on shares of Pinnacle Financial Partners (NYSE: PNFP) from $120.00 to $105.00, while maintaining an 'overweight' rating on the stock. The Nashville-based bank's stock closed at $87.63 on Wednesday, suggesting a potential upside of nearly 20% from the new target price.

Why it matters

Pinnacle Financial Partners is a major regional bank headquartered in Tennessee that has seen its stock price fluctuate over the past year amid broader economic uncertainty. The revised price target from JPMorgan, one of Wall Street's top research firms, provides insight into how analysts view the bank's near-term growth prospects.

The details

In a research note, JPMorgan analysts cited the challenging economic environment as the primary reason for lowering Pinnacle's price target, from $120 to $105 per share. However, the firm maintained its 'overweight' rating, suggesting analysts still see upside potential in the stock. Several other research firms, including DA Davidson, Barclays, and Weiss Ratings, have also weighed in on Pinnacle Financial Partners in recent months.

  • JPMorgan issued the updated price target and rating on Wednesday, April 1, 2026.

The players

Pinnacle Financial Partners

A bank holding company headquartered in Nashville, Tennessee that provides commercial and consumer banking services through a network of branches and digital channels.

JPMorgan Chase & Co.

A multinational investment bank and financial services company that is one of the largest research providers on Wall Street.

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The takeaway

This price target adjustment from JPMorgan reflects the broader uncertainty facing the banking sector, but also suggests analysts still see Pinnacle Financial Partners as a relatively strong regional player with growth potential despite the headwinds.