Piper Sandler Adjusts Huntington (HBAN) Target After Strategy Refresh [Yahoo! Finance]
Piper Sandler Companies (PIPR)
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Source: Yahoo! Finance
On December 10, Piper Sandler raised its price target on Huntington Bancshares Incorporated (NASDAQ:HBAN) to $16 from $15, while keeping an Underweight rating. The update followed the company's release of slides for an upcoming conference, which highlighted a few key points: organic growth remains Huntington's core strategy, the bank has a strong track record of successful integrations, it sees mergers and acquisitions as a way to fuel further organic expansion, and management believes the company has a solid model for creating value. Earlier in October, Huntington Bancshares Incorporated (NASDAQ:HBAN) announced a definitive agreement to acquire Cadence Bank, a $53 billion regional bank with headquarters in Houston, Texas, and Tupelo, Mississippi. Following that, Huntington said it plans to reduce some jobs at Cadence as part of its $7.4 billion acquisition. The move will help the Ohio-based bank strengthen its presence in what management considers one of the three most attractive
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PIPR
Earnings
- 10/31/25 - Beat
PIPR
Sec Filings
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- PIPR's page on the SEC website