** American bank holding company Hancock Whitney Corporation's shares HWC.O fall 1.6% to $47.91 premarket
** Stephens cuts HWC target price to $69 from $73 citing decreased loan balances and co's lowered loan growth guidance, maintains 'overweight'
** Brokerage now expects loan growth of 2% in 2025 from prior estimate of 4%
** HWC on Tuesday lowered loans guidance to be up low single digits from year ago levels, from prior outlook of up mid-single digits
** As of last close, stock had fallen 11.02% YTD
(Reporting by MeghaAnilkumar Nair)
((MeghaAnilkumar.Nair@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.