Huntington Bancshares Trading Volume Surges 57.14% to 254th Position Despite Stock Price Decline

On May 21, 2025, Huntington Bancshares (HBAN) saw a trading volume of $381 million, marking a 57.14% increase from the previous day. This surge placed HBAN at the 254th position in terms of trading volume for the day. However, the stock price of HBAN experienced a decline of 3.89%, marking the third consecutive day of losses, with a total decrease of 5.32% over the past three days.

Jefferies has initiated coverage on Huntington Bancshares, assigning a Buy rating and setting a price target of $20.00. This move reflects a positive outlook on the company's prospects, as Jefferies has also commenced coverage on 32 other regional and mid-cap banks, assigning buy ratings to 18 of them. This indicates a bullish stance on the banking sector, with Huntington Bancshares being one of the favored picks.

Truist Securities has maintained its Buy rating on Huntington Bancshares, further supporting the positive sentiment surrounding the stock. The firm's continued endorsement suggests confidence in the company's fundamentals and growth potential. This alignment with Jefferies' recent initiation of coverage with a Buy rating and a $20 price target underscores the consensus among analysts regarding Huntington Bancshares' favorable outlook.