Wunderlich Securities Reiterates Hancock Holding Buy Rating, $42 PT (HBHC)

Wunderlich Securities reiterated its Hancock Holding HBHC Buy rating and $42 price target in a research report published today. In the report, Wunderlich Securities states, "Although 1Q results were very strong, the HBHC story is not as much about quarterly results as it is about the integration of the Whitney (WTNY-NR) franchise and the significant accretion we expect to be achieved by HBHC in the coming years." Shares of Hancock Holdings were trading at $32.25 at the time of posting, down 0.03% from Tuesday's market close.