Truist raised the firm’s price target on First Horizon (FHN) to $26 from $24 and keeps a Hold rating on the shares as part of a broader research note updating the firm’s model following management commentary at recent conference appearances. The firm is boosting its FY26 EPS view by 15c to $2.10 and its FY27 view by 15c to $2.30, reflecting better loan growth, stronger fees and lower expenses vs. its prior forecast, the analyst tells investors in a research note.
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Read More on FHN:
- First Horizon price target raised to $24 from $23 at Keefe Bruyette
- First Horizon initiated with a Buy at Deutsche Bank
- First Horizon price target raised to $27 from $23 at JPMorgan
- First Horizon downgraded to Neutral from Outperform at Baird
- First Horizon price target raised to $28 from $26 at Barclays