Morgan Stanley Raises Huntington Bancshares (HBAN) Target, Cites Bank Sector Tailwinds

NodeGuardian · 2026-03-11T00:15:21+00:00

Morgan Stanley's Manan Gosalia raised the price target for Huntington Bancshares (HBAN) to $23, citing positive bank sector sentiment due to loan growth, better net margins, and capital returns, following its merger with Cadence Bank.

NodeGuardian

2026-03-11 00:15:21

Abstract generation in progress

Morgan Stanley analyst Manan Gosalia raised the firm’s price target on Huntington Bancshares (HBAN) to $23 from $21, reiterating an Overweight rating. This increase reflects positive sentiment towards the bank sector, supported by loan growth, improved net interest margins, and continued capital returns. Huntington Bancshares recently completed its merger with Cadence Bank, expanding its presence in Texas and the Southern region and increasing its assets to approximately $279 billion.

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