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Huntington Bancshares assumed with a Neutral at Wedbush

Wedbush analyst David Chiaverini assumed coverage of Huntington Bancshares with a Neutral rating and $14 price target. The analyst sees below-average growth in loans and deposits for the bank and while he likes the growth potential stemming from its increased scale and revenue synergies he believes the stock’s premium valuation appropriately reflects its outlook.

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