Regional Banking ETF (KRE) Falls 2% Following Guidance from Huntington Bancshares
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RBC Capital Reiterates Outperform Rating on Huntington Bancshares (HBAN)
June 10, 2024 4:32 PM EDTRBC Capital analyst Jon G. Arfstrom reiterated an Outperform rating and $16.00 price target on Huntington Bancshares (NASDAQ: HBAN).
The analyst comments "Huntington provided an updated investor deck in connection with a recent conference presentation. Key updates included a lower full year net interest... More
Stephens on Huntington Bancshares (HBAN): 'Higher Funding Costs & Increased Pay-Downs Impact 2024 Outlook'
June 10, 2024 11:00 AM EDTStephens analyst Terry McEvoy reiterated an Equal Weight rating and $15.00 price target on Huntington Bancshares (NASDAQ: HBAN).
The analyst comments "Huntington's CFO provided a financial update at an industry conference and discussed several strategic investments. Management lowered the 2024 loan growth guidance due... More
Huntington Bancshares (HBAN) PT Lowered to $13.50 at Piper Sandler
June 10, 2024 11:00 AM EDTPiper Sandler analyst R. Scott Siefers lowered the price target on Huntington Bancshares (NASDAQ: HBAN) to $13.50 (from $14.00) while maintaining a Neutral rating.
The analyst comments "This morning, HBAN spoke at an industry conference and updated FY24E guidance. In it,... More
JPMorgan on Huntington Bancshares (HBAN): 'FY24 NII Outlook Reduction another Setback'
June 10, 2024 10:59 AM EDTJPMorgan analyst Steven Alexopoulos reiterated an Overweight rating and $18.00 price target on Huntington Bancshares (NASDAQ: HBAN)
The analyst comments "Huntington continues to add new verticals (including mortgage servicing and HOA, each with a medium-term deposit goal of $5B+) as well as is expanding into new markets (including the Carolinas and Texas). As it... More
