Evercore ISI Group Upgrades Huntington Bancshares to Outperform, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst John Pancari has upgraded Huntington Bancshares (HBAN) from In-Line to Outperform and increased the price target from $10.5 to $15.
January 03, 2024 | 11:32 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Huntington Bancshares was upgraded by Evercore ISI Group from In-Line to Outperform with a raised price target from $10.5 to $15, indicating a positive outlook on the stock.
Upgrades by analysts, especially from a neutral to a positive rating, typically signal a bullish view on the stock's future performance. The substantial increase in the price target suggests that Evercore ISI Group sees significant upside potential for HBAN, which could positively influence investor sentiment and the stock's short-term price movement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100