Huntington Bancshares Incorporated (HBAN) is making strong strides in the banking sector. Recently, Wolfe Research upgraded the stock to Outperform, while KBW initiated with a Hold rating forecasting a target price of $19. Showing resilience amidst hourly earnings uncertainty, the company consistently demonstrated strong performance; JPMorgan, Raymond James, and Morgan Stanley all elevated their price targets. The company has declared a cash dividend on its Series I Preferred Stock, and announced plans for an impressive $1B buyback. It reported a profit surge due to strong capital markets and interest income growth. The bank has been recognised for its business services, winning 18 'Best Bank' awards and establishing a strategic partnership with Argent Institutional. The company's CFO revealed growth strategy at a recent Morgan Stanley conference. Lastly, Deutsche Bank upgraded the stock to Buy.
Huntington Bancshares HBAN News Analytics from Tue, 15 Oct 2024 07:00:00 GMT to Fri, 11 Jul 2025 17:22:30 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor -2
