DA Davidson Cuts Huntington Bancshares Stock Price Target

Analysts lower price target on NASDAQ-listed bank stock to $20 from $21

Mar. 16, 2026 at 5:33pm

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Research firm DA Davidson has reduced its target price on shares of Huntington Bancshares (NASDAQ:HBAN) from $21.00 to $20.00, while maintaining a "buy" rating on the stock. The analysts cited the bank's recent financial performance as the reason for the lower price target, though they still see potential upside of over 30% from the current stock price.

Why it matters

Huntington Bancshares is a major regional bank based in Columbus, Ohio, with a significant presence in the Midwest. Its stock performance is closely watched by investors as an indicator of the broader banking sector's health and outlook. The revised price target from DA Davidson reflects analysts' more cautious view on the bank's near-term prospects, though they still believe the stock is undervalued.

The details

In a report issued on Monday, DA Davidson analysts lowered their price target on Huntington Bancshares shares from $21.00 to $20.00, while reiterating a "buy" rating. The new $20.00 price target represents a potential upside of 30.17% from the stock's current trading price of $15.37. Several other equity research firms have also recently weighed in on Huntington Bancshares, with most maintaining a "buy" or "outperform" recommendation on the stock.

  • DA Davidson issued the updated report on Monday, March 16, 2026.

The players

DA Davidson

A research and investment banking firm that covers Huntington Bancshares and has reduced its price target on the stock.

Huntington Bancshares

A regional bank headquartered in Columbus, Ohio that provides a range of retail and commercial banking services across the Midwest.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

While Huntington Bancshares' stock price has faced some near-term headwinds, leading analysts still see long-term value in the regional bank's business model and growth prospects. The revised price target reflects a cautious outlook, but the overall "buy" rating suggests the stock remains an attractive investment option for those with a longer-term horizon.