B of A Securities Upgrades Huntington Bancshares to Buy, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ebrahim Poonawala upgraded Huntington Bancshares (HBAN) from Neutral to Buy and increased the price target from $14 to $16.
April 08, 2024 | 11:03 am
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Huntington Bancshares was upgraded from Neutral to Buy by B of A Securities, with a price target increase from $14 to $16.
The upgrade from Neutral to Buy by a significant analyst at B of A Securities, along with a higher price target, suggests a positive outlook on HBAN's financial health and future performance. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100