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Huntington Bancshares (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.
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| Market Summary | Nov 07, 2009 22:57 pm ET |
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