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Huntington Bancshares (NASDAQ:HBAN) Price Target Cut to $20.00 by Analysts at Morgan Stanley
Morgan Stanley has lowered its price target for Huntington Bancshares (NASDAQ:HBAN) to $20.00 from $21.00, while maintaining an “overweight” rating. Despite this, the bank recently surpassed Q1 earnings estimates with adjusted EPS of $0.37 and revenue of $2.59 billion, and its board declared a quarterly dividend of $0.155. The average analyst target price for HBAN remains around $20.13 with a “Moderate Buy” consensus rating.