Piper Sandler raised the firm’s price target on Huntington Bancshares (HBAN) to $16 from $15 and keeps an Underweight rating on the shares after the company filed the slides it plans to use at an industry conference. The main messages are that organic growth remains Huntington’s foundational strategy, the company has a proven history of successful integration, Huntington views M&A as a springboard for organic expansion, and management believes the company has a compelling flywheel for value creation.
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