A number of firms have modified their ratings and price targets on shares of The Pennant Group (NASDAQ: PNTG) recently:
- 5/8/2026 – The Pennant Group had its price target raised by Truist Financial Corporation from $36.00 to $42.00. They now have a “buy” rating on the stock.
- 5/8/2026 – The Pennant Group had its price target raised by Royal Bank Of Canada from $41.00 to $42.00. They now have an “outperform” rating on the stock.
- 5/8/2026 – The Pennant Group had its price target raised by Wells Fargo & Company from $38.00 to $41.00. They now have an “overweight” rating on the stock.
- 5/7/2026 – The Pennant Group was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 5/2/2026 – The Pennant Group was downgraded by Wall Street Zen from “buy” to “hold”.
- 4/13/2026 – The Pennant Group had its price target raised by Truist Financial Corporation from $34.00 to $36.00. They now have a “buy” rating on the stock.
- 4/5/2026 – The Pennant Group was upgraded by Wall Street Zen from “hold” to “buy”.
- 3/28/2026 – The Pennant Group was downgraded by Wall Street Zen from “buy” to “hold”.
The Pennant Group (NASDAQ: PNTG) is a publicly traded holding company that provides specialized services to the asset management industry. Through its operating subsidiaries, the company delivers outsourced fund administration, securities lending, prime brokerage, and capital markets solutions designed to support hedge funds, private equity firms, mutual funds and other institutional investors. By leveraging a combination of technology platforms and industry expertise, The Pennant Group helps clients streamline middle- and back-office processes, enhance operational efficiency and manage regulatory requirements.
Key service offerings include fund accounting and reporting, trade settlement and reconciliation, risk monitoring, securities lending programs and execution support across a range of asset classes.
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