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Analysts Offer Insights on Financial Companies: Truist Financial (TFC) and Huntington Bancshares (HBAN)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Truist Financial (TFCResearch Report) and Huntington Bancshares (HBANResearch Report).

Truist Financial (TFC)

In a report released yesterday, Betsy Graseck from Morgan Stanley maintained a Hold rating on Truist Financial, with a price target of $43.00. The company’s shares closed last Monday at $38.06, close to its 52-week high of $39.29.

According to TipRanks.com, Graseck is a 4-star analyst with an average return of 3.1% and a 47.2% success rate. Graseck covers the Financial sector, focusing on stocks such as Bank of New York Mellon Corporation, SEI Investments Company, and Capital One Financial.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Truist Financial with a $42.12 average price target, representing a 17.5% upside. In a report issued on April 8, Jefferies also maintained a Hold rating on the stock with a $41.00 price target.

See the top stocks recommended by analysts >>

Huntington Bancshares (HBAN)

In a report released yesterday, Manan Gosalia from Morgan Stanley maintained a Buy rating on Huntington Bancshares, with a price target of $16.00. The company’s shares closed last Monday at $13.53, close to its 52-week high of $14.07.

According to TipRanks.com, Gosalia is a 4-star analyst with an average return of 12.0% and a 62.0% success rate. Gosalia covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Valley National Bancorp, and Prosperity Bancshares.

Currently, the analyst consensus on Huntington Bancshares is a Moderate Buy with an average price target of $15.29, which is a 15.0% upside from current levels. In a report issued on April 8, Jefferies also upgraded the stock to Buy with a $16.00 price target.

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