Huntington Bancshares price target lowered to $17 from $19 at Argus

Argus analyst Kevin Heal lowered the firm’s price target on Huntington Bancshares (HBAN) to $17 from $19 but keeps a Buy rating on the shares after its Q1 earnings beat. Regional bank shares have recently faced pressure due to potential policy decisions from the Administration, though on its earnings call, Huntington management noted that it saw growth in loans and deposits along with higher fee income, the analyst tells investors in a research note. The stock also carries an attractive dividend with a slightly above-peer-average yield of about 4.4%, Argus adds.