Citi Reiterates Buy Rating on Huntington Bancshares (HBAN)

Citi analyst Keith Horowitz reiterated a Buy rating and $18.00 price target on Huntington Bancshares (NASDAQ: HBAN).

The analyst comments "We are refreshing our model following 2Q 10-Q disclosures and reflecting our updated rates curve. Our 2024E EPS decreases 5c to $1.15 (vs. FactSet consensus of $1.19), 2025E EPS decreases 10c to $1.35 (vs. FactSet consensus of $1.38), and 2026E EPS is unchanged at $1.65 (vs. FactSet consensus of $1.56). We maintain our Buy rating and TP of $18."

For an analyst ratings summary and ratings history on Huntington Bancshares click here. For more ratings news on Huntington Bancshares click here.

Shares of Huntington Bancshares closed at $13.90 yesterday.

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