Industry Newsdividend investingregional bankshuntington bancsharesanalyst ratings
Huntington Bancshares Receives Analyst Price Target Cuts
5.9
On March 13, Truist lowered its price target for Huntington Bancshares (NASDAQ:HBAN) to $19 from $21 while reiterating a Buy rating; on March 9 Baird added a "Fresh Pick" designation and kept an Outperform rating with a $20 target. Huntington operates through Huntington National Bank serving consumers, businesses, and municipalities, with analysts citing updated regional-bank models and macro risks.
Key Points
- 1Analysts adjust price targets and ratings: Truist cut to $19 on March 13, Baird $20
- 2Reflects updated regional-bank models and noted geopolitical, macro risks affecting bank valuations
- 3Signals potential buying opportunity for dividend investors given perceived margin of safety and solid capital
Scoring Rationale
Actionable analyst updates and buy signals balanced by limited novelty and narrow regional-bank relevance.
Sources
Public references used for this report.
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