Jefferies Lowers Huntington Bancshares (HBAN) Price Target, Keeps Buy Rating

Huntington Bancshares Incorporated (NASDAQ:HBAN) is one of the 11 Dirt Cheap Stocks to Buy According to Analysts. On October 17, Jefferies reduced its price target on Huntington Bancshares Incorporated (NASDAQ:HBAN) from $22 to $20 and kept a Buy rating.

This decision came after Huntington Bancshares Incorporated (NASDAQ:HBAN) reported “solid” Q3 2025 results, according to Jefferies. The company raised its full-year 2025 standalone net interest income growth guidance to 10% to 11% from the previous range of 8% to 9%.

Huntington Bancshares Incorporated (NASDAQ:HBAN) is seeing strong loan growth on a standalone basis. It expects to hit the high end of its guidance range and achieve about 8% average loan growth for the full year. The company also expects over 250 basis points of positive operating leverage for the year.

Jefferies also highlighted Huntington Bancshares Incorporated’s (NASDAQ:HBAN) preliminary guidance for 2026 suggests continued strong growth.

Huntington Bancshares Incorporated (NASDAQ:HBAN) is a regional bank holding company headquartered in Columbus, Ohio. Its main subsidiary is the Huntington National Bank. It provides a wide range of banking, payments, wealth management, and risk management products and services.

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Disclosure: None. This article is originally published at Insider Monkey.