Fly News Breaks for July 12, 2019
Jul 12, 2019 | 07:04 EDT
Macquarie analyst David Konrad downgraded Huntington Bancshares to Underperform from Neutral with a $14 saying he expects greater-than-peer NIM pressure due to the inverted yield curve and lower purchase accounting. Konrad expects negative estimate revisions to be driven by NIM pressure and said shares appear expensive.
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