Morgan Stanley Maintains Overweight on Huntington Bancshares, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ken Zerbe has maintained an Overweight rating on Huntington Bancshares (HBAN) and increased the price target from $13 to $16.
February 07, 2024 | 8:17 pm
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Morgan Stanley has reaffirmed its Overweight rating on Huntington Bancshares and raised the price target from $13 to $16.
The increase in price target by a reputable analyst like Ken Zerbe from Morgan Stanley is a strong positive signal for investors, indicating a bullish outlook on HBAN's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100