RBC Capital Maintains Outperform Rating for Huntington Bancshares: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
RBC Capital has reaffirmed its Outperform rating on Huntington Bancshares (NASDAQ:HBAN) and increased its price target from $12.00 to $15.00. HBAN's stock is currently up 1.09% at $13.00, and the new target suggests a potential upside of 15.38%. Huntington Bancshares is a regional bank offering a range of financial services across eight Midwestern states.
December 18, 2023 | 5:00 pm
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RBC Capital maintains Outperform rating on Huntington Bancshares and raises price target to $15.00, indicating a potential 15.38% upside from the current price.
The reaffirmation of the Outperform rating and the increase in price target by RBC Capital are strong positive signals for investors, suggesting analyst confidence in Huntington Bancshares' future performance. This could lead to increased investor interest and a potential short-term rise in HBAN's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100