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Stock impact report

Morgan Stanley Raises Huntington Bancshares (HBAN) Target, Cites Bank Sector Tailwinds [Yahoo! Finance]

Huntington Bancshares Incorporated (HBAN) 
Last huntington bancshares incorporated earnings: 4/23 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: huntington-ir.com
Company Research Source: Yahoo! Finance
Huntington Bancshares Incorporated (NASDAQ: HBAN ) is included among the 14 Best Dividend Stocks to Invest in Under $50 Morgan Stanley Raises Huntington Bancshares (HBAN) Target, Cites Bank Sector Tailwinds On March 2, Morgan Stanley analyst Manan Gosalia raised the firm's price recommendation on Huntington Bancshares Incorporated (NASDAQ:HBAN) to $23 from $21. The analyst reiterated an Overweight rating on the shares. The firm increased price targets across the midcap banks group by a median of about 8%. Gosalia noted that the group has recently outperformed, which means “the bar is higher from here.” Even so, Morgan Stanley remains positive on the sector. The firm pointed to support from loan growth, improvements in net interest margins, and continued capital returns. Earlier in February, Huntington announced it had completed its merger with Cadence Bank, a regional bank headquartered in Houston, Texas, and Tupelo, Mississippi. The deal expands Huntington's presence across Te Show less Read more
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