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Bear of the Day

Huntington Bancshares (HBAN)

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September 02, 2008 |Comments: 0
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HBAN

Continued economic weakness across the Midwest markets supports the need for increased loan loss provisions. We expect this weakness in the housing and credit environments to continue to affect the company, creating the potential for negative overhangs over the next several quarters. Hence, we have reduced our 2008E and 2009E EPS and reiterate our Sell recommendation on the shares.

Huntington Bancshares (HBAN) : FULL ANALYST REPORT

Bear of the Day
Every day we feature one stock with a Zacks Recommendation of Sell that is set to underperform over the next 6+ months. We also provide you with free access to the in-depth research report on the stock. If you would like to see all our Buy and Sell rated stocks and in-depth research reports, then check out  Zacks Premium.

Read the full analyst report on HBAN

 
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