Wolfe Research upgraded Huntington Bancshares (HBAN) to Outperform from Peer Perform with a $21 price target The firm, which sees net interest income and net interest margin upside, expects shares will “generate meaningful alpha in the coming year,” citing a combination of peer leading loan and deposit growth, ongoing productivity and efficiency improvements, benign credit, and capital returns.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HBAN:
- Huntington Bancshares price target raised to $20 from $19 at Citi
- Huntington Bancshares Declares Quarterly Preferred Stock Dividend
- Huntington Bancshares price target raised to $19 from $18 at Truist
- Huntington Bancshares to Present at Financials Conference
- AITC to acquire corporate trust, institutional custody business of Huntington NB