Huntington Bancshares price target lowered to $12 from $13 at Barclays

Barclays lowered the firm’s price target on Huntington Bancshares to $12 from $13 and keeps an Underweight rating on the shares post the Q3 report. The bank expects its net interest margin to drop 10-15 basis points and expense to rise in Q4 while it forecasts 2024 expenses increasing 4%, the analyst tells investors in a research note.