Keefe, Bruyette & Woods Maintains Market Perform on Huntington Bancshares, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst David Konrad maintains a Market Perform rating on Huntington Bancshares (HBAN) and raises the price target from $14 to $15.
April 05, 2024 | 3:48 pm
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Keefe, Bruyette & Woods maintains a Market Perform rating on Huntington Bancshares and raises the price target from $14 to $15.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods suggests a positive outlook on HBAN's stock performance in the short term. This adjustment reflects an expectation of stronger financial performance or market positioning than previously anticipated. Investors often view such analyst actions as signals of confidence in the company's future prospects, potentially leading to increased investor interest and a positive impact on the stock price.
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