Huntington Bancshares Incorporated (NASDAQ:
HBAN) is among the
best undervalued wide moat stocks.
On January 12, 2026, Huntington Bancshares Incorporated (NASDAQ:HBAN) saw RBC Capital raise its price target from $20.00 to $21.00, while reiterating an ‘Outperform’ rating. The investment firm cited stable regional bank fundamentals, alongside a constructive outlook heading into Q4 earnings. Furthermore, the firm believes that strengthening loan and revenue growth remain key drivers, laying out a relatively stable outlook on the banking sector compared to the third quarter.
This optimism follows Huntington Bancshares Incorporated (NASDAQ:HBAN)’s January 6, 2026, announcement that Cadence Bank’s and its own shareholders have approved the merger. The development paves the way for the merger’s expected close on February 1, 2026, pending customary conditions. The company’s leadership expects the deal to expand capabilities and reach, helping more individuals and businesses while driving shareholder value. Meanwhile, Cadence CEO James D. Rollins III expressed confidence in the merger’s synergies, highlighting both banks’ relationship-focused philosophies and the opportunities the deal brings to customers across a broader footprint.
Huntington Bancshares Incorporated (NASDAQ:HBAN) offers full-service consumer and commercial banking, including deposits, lending, payments, and wealth management.
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Disclosure: None.
