Raymond James Maintains Strong Buy on Huntington Bancshares, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Long has maintained a 'Strong Buy' rating on Huntington Bancshares (NASDAQ:HBAN), but lowered the price target from $15 to $13.
October 23, 2023 | 4:15 pm
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Despite a lowered price target, Huntington Bancshares maintains a 'Strong Buy' rating from Raymond James.
The lowered price target might indicate a potential downside for the stock. However, the 'Strong Buy' rating suggests that the analyst still sees significant upside potential, which could balance out the impact of the lowered target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100