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Huntington Bancshares gains but Texas growth narrative questioned

Huntington Bancshares logoHuntington Bancshares
Sig1.25Sen+2.40Env0.00Soc0.00Gov0.00

Huntington Bancshares shares gained 6.9% over three months but returned only 1.8% over the past year, with momentum cooling near about $17.03. The stock trades below analyst targets and one intrinsic value estimate, while the main bull narrative credits Texas expansion via the Veritex acquisition and organic growth in high-growth states to broaden opportunity for fees and earnings.

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