RBC Capital analyst Jon Arfstrom lowered the firm’s price target on Huntington Bancshares (HBAN) to $18 from $20 and keeps an Outperform rating on the shares. The company reported another strong quarter with loan growth contributions from new businesses and the core bank, while its solid deposit growth and margin expansion also contributed and drove strong revenue trends, the analyst tells investors in a research note.
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Read More on HBAN:
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