Huntington Bancshares upgraded to Outperform at Keefe Bruyette Keefe Brunette upgraded Huntington Bancshares to Outperform citing strong loan growth and an inexpensive relative valuation following the company's Q2 results. The firm raised its price target for shares to $11.50 from $10.
Huntington Bancshares expects to deliver positive operating leverage in FY15 Excluding Significant Items and net MSR activity, says expects to deliver positive operating leverage in FY15, both inclusive and exclusive of the impact of HTF. Overall, says asset quality metrics are expected to remain near current levels, although moderate quarterly volatility also is expected. Comments from slides that will be presented on the Q2 earnings conference call.