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Huntington Bancshares Incorporated (HBAN) [hlAlert]

up 16.47 %

Huntington Bancshares Incorporated (HBAN) downgraded to Hold with price target $8 by Jefferies

Posted on: Wednesday,  Jan 5, 2011  10:25 AM ET by Jefferies

Jefferies rated Hold Huntington Bancshares Incorporated (NASDAQ: HBAN) on 01/05/2011. Previously Jefferies rated Buy Huntington Bancshares Incorporated (NASDAQ: HBAN) on 11/11/2010.,
when the stock price was $6.13. Since then, Huntington Bancshares Incorporated has gained 16.48% as of 01/05/2011's recent price of $7.14.
If you would have followed the previous Jefferies's recommendation on HBAN, you would have gained 16.47% of your investment in 55 days.

Huntington Bancshares is a multi-state bank holding company. Its subsidiaries conduct a full-service commercial and consumer bankingbusiness, engage in mortgage banking, lease financing, trust services, discount brokerage services, underwriting credit life and disability insurance, selling other insurance products, and issuing commercial paper guaranteed by Huntington, and providing other financial products and services.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/5/2011 10:25 AM Hold
7.14 8.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  3.93 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/11/2010 10:25 AM Buy
6.13 7.00

(*) Stock Price at the time of the recommendation.
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