Stephens lowered the firm’s price target on Huntington Bancshares to $12 from $13 and keeps an Equal Weight rating on the shares. Huntington reported Q3 results, which demonstrated the company’s strategy to manage expense levels and showed core trends better than expected, the analyst tells investors. The firm expects Huntington to proactively position the company for organic revenue growth opportunities.
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Read More on HBAN:
- Huntington Bancshares price target lowered to $12 from $13 at RBC Capital
- Huntington Bancshares price target lowered to $12 from $13 at Barclays
- Huntington upgraded to Peer Perform from Underperform at Wolfe Research
- Huntington Bancshares Incorporated Declares Quarterly Cash Dividends On Its Common and Preferred Stocks
- Huntington Bancshares sees Q4 average loans up 1%