Raymond James analyst David Long lowered the firm’s price target on Huntington Bancshares to $15 from $18 and keeps a Strong Buy rating on the shares. The combination of a relationship-banking focus, attractive core deposit base, multiple organic growth opportunities, superior profitability, stringent underwriting, and strong leadership will drive increasing investor interest, the analyst says in a research note.
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- Huntington Bancshares price target lowered to $11 from $13.50 at JPMorgan
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