UPDATE: Guggenheim Raises Huntington Bancshares' PT

According to a research report published earlier today, Guggenheim has increased Huntington Bancshares Inc.'s HBAN PT from $6.25 to $6.50. “In the case of HBAN, we did not change estimates; however, we did nudge the price target $0.25 higher to $6.50 per share to reflect higher sector multiples since our last update. HBAN's shares remain NEUTRAL-rated because the upside to the target is less than our +/-15% band for rating changes,” Guggenheim explained in the report. Huntington Bancshares closed yesterday at $5.81.