BofA raised the firm’s price target on First Horizon (FHN) to $24 from $23 and keeps a Buy rating on the shares after the company reported a Q1 EPS beat and left FY25 guidance unchanged. Higher net interest margin and lower expense estimates push the firm’s FY25 and FY26 EPS estimates 1.2% and 1.8% higher, respectively, the analyst noted.
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