Morgan Stanley analyst Manan Gosalia is moving Huntington Bancshares (HBAN) to Top Pick among midcap banks, replacing Valley National (VLY), telling investors that the firm sees multiple paths for the bank to get to about $2 in EPS by 2027. These include achieving deal-related revenue synergies, lower expense growth, and higher buybacks, notes the analyst, who has an Overweight rating and $21 price target on Huntington shares.
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