TD Cowen lowered the firm’s price target on First Horizon (FHN) to $24 from $25 and keeps a Hold rating on the shares. The firm noted despite delivering a core EPS beat in 3Q25 on stronger revenue and a negative provision, the shares fell 9% on the day after management discussed its appetite for potential tuck-in acquisitions within its footprint.
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Read More on FHN:
- First Horizon price target lowered to $23 from $25 at Wells Fargo
- First Horizon price target lowered to $23 from $25 at JPMorgan
- First Horizon price target lowered to $23 from $24 at Keefe Bruyette
- Evercore downgrades First Horizon with near-term sale unlikely
- First Horizon downgraded to In Line from Outperform at Evercore ISI