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Fly News Breaks for January 27, 2016
HBAN
Jan 27, 2016 | 07:02 EDT
Macquarie analyst David Konrad upgraded Huntington Bancshares (HBAN) to Neutral citing valuation and maintained its $9 price target on shares. The analyst said the FirstMerit (FMER) transaction will drive significant cost savings and more leverage on the balance sheet.
News For HBAN From the Last 2 Days
HBAN
Apr 19, 2024 | 09:08 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Paramount (PARA)... To see the rest of the story go to thefly.com. See Story Here
HBAN
Apr 19, 2024 | 08:17 EDT
Sees FY24 average loans up 3%-5%. Sees FY24 average deposits up 2%-4%. Sees FY24 noninterest income up 5%-7%. Sees FY24 noninterest expense up 4.5%. Sees FY24 net charge-offs 25-35 basis points. Sees FY24 effective tax rate 19%. Says believes there will eventually be rate cuts. Sees Q1 as trough for net interest income. Comments and guidance taken from Q1 earnings conference call.
