Stephens resumed coverage of Huntington Bancshares with an Equal Weight rating and a $19 price target. Analyst Matt Olney, who also resumed coverage of eight other super-regional banks, said he is broadly constructive on the group's outlook, noting that operating leverage has improved over the past year. He added that capital returns for 2026 are expected to reach levels not seen since 2019 and could increase further depending on the outcome of the Basel 3 Endgame proposals. Separately, Evercore ISI raised its price target on the stock to $20 from $19 and reiterated an Outperform rating, citing robust confidence in management and a favorable operating environment.
Huntington Bancshares IncorporatedStephens resumed coverage with Equal Weight and $19 target, and Evercore raised target to $20, citing improved operating leverage and favorable outlook.