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Fly News Breaks for October 25, 2019
HBAN
Oct 25, 2019 | 06:13 EDT
BofA/Merrill analyst Erika Najarian downgraded Huntington Bancshares to Neutral from Buy with a $15 price target. The analyst cites the bank's "mixed" results, noting that while it saw a "best-in-class" deposit growth, a fee beat, and "solid" expense control, it also posted higher loan loss provisions while its net interest margins were hurt by spread revenues.
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