JPMorgan raised the firm’s price target on Huntington Bancshares to $12 from $11 and keeps an Underweight rating on the shares ahead of the Q2 results. With the peak increase in deposit costs likely in Q2, “another buy signal appears likely” for small cap banks, the analyst tells investors in a research note.
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- Huntington Bancshares price target lowered to $12 from $13 at Piper Sandler