Evercore ISI analyst John Pancari resumed coverage of Huntington Bancshares (HBAN) with an Outperform rating and $21 price target following the closing of the Cadence Bank acquisition. Huntington remains “one of the most front-footed regionals within our coverage” and now has added scale in the high-growth Texas and Southeast markets via the Veritex Holdings and Cadence deals, the analyst tells investors.
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