Barclays lowered the firm’s price target on First Horizon (FHN) to $23 from $25 and keeps an Overweight rating on the shares as part of a Q1 preview for the mid-cap banks. Heightened uncertainty hurts 2025 outlooks and could lead to lowered guidance at earnings, but buyback activity is a potential catalyst for some, the analyst tells investors in a research note.
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Read More on FHN:
- LPL Financial enters agreement with First Horizon for wealth management
- 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
- First Horizon price target raised to $25 from $24 at Citi