PNC gets Cramer’s endorsement after FirstBank acquisition and analyst upgrade

PNC Financial Services Group (NYSE:Palestinian National Council) is one of Jim Cramer’s picks for recession-proof stocks.

Following the acquisition of Colorado-based FirstBank, the company’s price target rose and it was included in Jim Cramer’s Top 10 Things to Watch in the Stock Market list.

PNC Financial Services Group, Inc. is also listed. (NYSE:PNC) was named to the list of Top 10 Things to Watch in the Stock Market by Jim Cramer, by CNBC, on September 10, 2025, due to the company’s acquisition of Colorado-based FirstBank for $4.1 billion and the subsequent increase in its price target by Piper Sandler thereafter. Later, on October 3, 2025, Wells Fargo significantly raised its price target on the stock from $230 to $240, indicating strong confidence in its growth potential.

Aside from being part of Mad Money’s host selection, the company is strongly backed by institutional support, with 66 hedge funds having ownership stakes in PNC Financial Services Group, Inc. (NYSE:PNC).

A diversified financial services organization, The PNC Financial Services Group, Inc. (NYSE:PNC) provides retail and business banking, and asset management throughout the United States. The company traces its roots back to 1845 in Pittsburgh, and currently operates as a large-cap company with a market capitalization of approximately $80 billion, from its headquarters in Pennsylvania.

While we recognize PNC’s potential as an investment, we believe some AI stocks offer greater upside potential and carry less downside risk. If you’re looking for undervalued AI stocks that will also benefit significantly from the Trump-era tariffs and the reshoring trend, check out our free report on Best AI stocks for short term.

Read next: 12 set-it-and-forget-it stocks to buy now and 12 stocks with consistent growth to invest in.

Disclosure. no one.