Piper Sandler Downgrades Huntington Bancshares to Underweight, Lowers Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has downgraded Huntington Bancshares (NASDAQ:HBAN) from Neutral to Underweight and lowered the price target from $13.5 to $11.5.
June 14, 2024 | 11:38 am
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Piper Sandler has downgraded Huntington Bancshares from Neutral to Underweight and reduced the price target from $13.5 to $11.5, indicating a bearish outlook.
The downgrade from Neutral to Underweight and the reduction in the price target from $13.5 to $11.5 by Piper Sandler suggests a negative outlook for Huntington Bancshares. This is likely to result in a short-term decline in the stock price as investors react to the bearish sentiment.
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