(Updated - October 6, 2026 9:12 AM EDT)

Keefe, Bruyette & Woods analyst Christopher McGratty lowered the price target on Huntington Bancshares (NASDAQ: HBAN) to $18.00 (from $19.50) while maintaining a Market Perform rating.

The analyst commented: "We are lowering our 2026/2027E by -3%/-5% to reflect recently updated guidance for NII/loan growth. At 8.5x our revised 2027E, HBAN trades at a ~15% relative discount to Super Regional banks despite an in-line and solid ROTCE of 17%+ (2027E). This could represent an interesting entry point with theoretically derisked earnings estimates and as investors seek to identify out of favor names once the macro outlook improves."

Analyst Comments Analyst PT Change