Wells Fargo analyst Timur Braziler lowered the firm’s price target on First Horizon (FHN) to $20 from $22 and keeps an Equal Weight rating on the shares. While long-term uncertainty has certainly increased, the recent pullback in the space presents a near-term opportunity as EPS results remain steady, credit is still okay, and expectations are once again really low.
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Read More on FHN:
- First Horizon price target lowered to $23 from $25 at Barclays
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- First Horizon upgraded to Outperform from Neutral at Baird
- First Horizon price target lowered to $22 from $23 at Raymond James
- First Horizon price target lowered to $23 from $25 at BofA