Stephens & Co. Reiterates Equal-Weight on Huntington Bancshares, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Terry McEvoy reiterated an Equal-Weight rating on Huntington Bancshares (HBAN) and maintained a $15 price target.

April 01, 2024 | 12:11 pm
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Stephens & Co. analyst Terry McEvoy reiterated an Equal-Weight rating on Huntington Bancshares and maintained a $15 price target.
The reiteration of an Equal-Weight rating and maintenance of the $15 price target by Stephens & Co. suggests a neutral outlook on HBAN's stock in the short term. This indicates that the analyst believes the stock is fairly valued at its current price level, neither undervalued nor overvalued. Therefore, this news is unlikely to cause significant movements in HBAN's stock price in the short term, as it does not change the investment thesis.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100