The Huntington Bancshares downgrade by Wolfe Research moved the regional bank’s stock rating to Peer Perform from Outperform on October 27, 2026. The rating change was led by analyst Tracy Benguigui.
Key Takeaways
- Wolfe Research lowered its rating on Huntington Bancshares to Peer Perform from Outperform.
- Citigroup, Baird and Wells Fargo maintained their ratings while lowering their price targets to $19.
What the Huntington Bancshares downgrade changed
The change is an analyst assessment of Huntington Bancshares shares, which trade under the ticker HBAN. It is not a change to the bank’s financial results or its own guidance.
The available information does not identify a specific event or financial result that prompted Wolfe’s decision. It also does not specify when Citigroup, Baird and Wells Fargo lowered their targets or what those targets were previously.
Huntington’s business and share price
Huntington Bancshares is a regional bank holding company based in Columbus, Ohio. It operates primarily through The Huntington National Bank and offers consumer, commercial and wealth management services, particularly in the Midwest and Mid-Atlantic regions.
The shares were listed at $15.73 in the available information, which did not specify whether that was an intraday or closing price. The company’s market capitalization was approximately $31.78 billion.
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Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
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