Deutsche Bank initiated coverage of First Horizon (FHN) with a Buy rating and $28 price target The firm says the bank is now re-focusing on organic growth that should improve returns and profitability. It sees opportunity for First Horizon’s loan growth to reaccelerate along with strong expense control.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FHN: