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Fly News Breaks for November 30, 2016
HBAN
Nov 30, 2016 | 06:18 EDT
Nomura analyst Bill Carcache upgraded Huntington Bancshares to Buy based on expectations of the successful execution of its recently completed acquisition of FirstMerit. Carcache believes the market is underestimating the magnitude of its inflection in returns and expects returns to inflect in 2017.
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.
