- Huntington Bancshares (NASDAQ:HBAN) takes a hit from a downgrade to neutral with PT unchanged at $16 by DA Davidson, citing the recent run up of 22% YTD and 32% from its 52-week low, thus creating a profit-taking opportunity.
- Currently, the stock trades at 9.5% premium to its peers with an earnings multiple of 10.5x of FY20 earnings. Bank is well positioned for a lower interest rate environment and its capital return story remains solidly intact.
- Quant rating Neutral; Sell-side rating Hold
After run up, Huntington Bancshares gets downgrade to neutral from DA Davidson
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About HBAN Stock
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Symbol | Last Price | % Chg |
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HBAN | - | - |
Huntington Bancshares Incorporated |