D.A. Davidson Reaffirms Their Buy Rating on Huntington Bancshares (HBAN)

D.A. Davidson analyst Peter Winter maintained a Buy rating on Huntington Bancshares today and set a price target of $21.00.

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Winter covers the Financial sector, focusing on stocks such as Bok Financial, Dime Community Bancshares, and Huntington Bancshares. According to TipRanks, Winter has an average return of 7.3% and a 60.00% success rate on recommended stocks.

In addition to D.A. Davidson, Huntington Bancshares also received a Buy from Morgan Stanley’s Manan Gosalia in a report issued today. However, on January 24, TipRanks – xAI reiterated a Hold rating on Huntington Bancshares (NASDAQ: HBAN).

Based on Huntington Bancshares’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.23 billion and a net profit of $629 million. In comparison, last year the company earned a revenue of $3.08 billion and had a net profit of $517 million

Based on the recent corporate insider activity of 227 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HBAN in relation to earlier this year. Last month, Kendall A Kowalski, the CIO of HBAN sold 4,028.00 shares for a total of $71,899.51.