Hancock Whitney price target raised to $70 from $68 at Piper Sandler

Piper Sandler raised the firm’s price target on Hancock Whitney (HWC) to $70 from $68 and keeps an Overweight rating on the shares. The firm sees Hancock Whitney as one of the most undervalued banks in the industry, currently trading at about 8-turns its 2026 with a best-in-class deposit base, significant excess capital, and top-quartile profitability – all at a discounted price to earnings.