Hancock Whitney price target lowered to $62 from $68 at Keefe Bruyette

Keefe Bruyette lowered the firm’s price target on Hancock Whitney (HWC) to $62 from $68 and keeps an Outperform rating on the shares post the Q1 report. The company’s growth slowed more than expected, but expenses, fees, buybacks, and improved credit were all offsets to keep earnings effectively unchanged, the analyst tells investors in a research note.