Barclays Raises Huntington Bancshares (HBAN) PT to $20 Citing Continued 2026 Sector Outperformance

Huntington Bancshares Inc. (NASDAQ:HBAN) is one of the most buzzing stocks to invest in according to hedge funds. On January 5, Barclays raised the firm’s price target on Huntington Bancshares to $20 from $19 and maintained an Equal Weight rating on the shares. Barclays revised its outlook for large-cap banks for 2026, adjusting both ratings and price targets. The firm remains bullish, predicting that the tailwinds fueling 2025’s double-digit earnings growth and market outperformance will continue to drive the sector in 2026.

On December 19, RBC Capital also raised the firm’s price target Huntington Bancshares Inc. (NASDAQ:HBAN) to $20 from $19 with an Outperform rating on the shares. This sentiment was posted as the firm highlighted the strategic potential of the recent Veritex and Cadence acquisitions. Management maintained a confident and consistent outlook, projecting peer-leading performance from the core business. RBC Capital also expects substantial contributions from the enlarged merger footprint.

On December 10, as well, Piper Sandler raised the price target on the company to $16 from $15 with an Underweight rating on the shares. Following the filing of Huntington Bancshares’ latest presentation slides for an upcoming industry conference, the bank’s core strategy remains rooted in organic growth. The firm emphasized its track record of seamless integrations, framing its recent acquisitions not as departures from its mission, but as springboards to accelerate future organic expansion.

Huntington Bancshares Inc. (NASDAQ:HBAN) operates as the bank holding company for The Huntington National Bank, which provides commercial, consumer, and mortgage banking services in the US.

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