Huntington Bancshares' (HBAN) stock is rising after analysts from Bank of America and Jefferies upgraded the regional bank to a Buy rating, citing a strong growth outlook. Analysts also mention the company's increased investments in franchising and growing its auto inventory financing segment, among others. Yahoo Finance Live co-hosts Julie Hyman and Myles Udland break down the latest development for the bank and how it could impact them moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Nicholas Jacobino
Huntington Bancshares' (HBAN) stock is rising after analysts from Bank of America and Jefferies upgraded the regional bank to a Buy rating, citing a strong growth outlook. Analysts also mention the company's increased investments in franchising and growing its auto inventory financing segment, among others.
Yahoo Finance Live co-hosts Julie Hyman and Myles Udland break down the latest development for the bank and how it could impact them moving forward.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
Editor's note: This article was written by Nicholas Jacobino
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The past few days have been a wild ride for Tesla investors—and the drama isn’t over. CEO Elon Musk wrote on X Friday evening that Tesla would unveil a robotaxi on Aug. 8 after denying reports that the electric-vehicle company would cancel its lower-priced EV, typically referred to as the Model 2, that is due on roads in late 2025. “We view Friday’s sequence of Tesla news as potentially thesis-changing for investors, but with still many questions unanswered, it may be too early to tell if it is particularly bearish, or potentially positive,” wrote Deutsche Bank analyst Emmanuel Rosner in a Monday report.
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