Truist raised the firm’s price target on First Horizon (FHN) to $27 from $26 and keeps a Hold rating on the shares. Bank earnings season begins next week, and SMID regional banks, having underperformed large banks in 2025, could benefit from curve steepening, resumed share buybacks, organic growth, and attractive valuation gaps to regain lost ground, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FHN:
- First Horizon price target raised to $26 from $24 at TD Cowen
- First Horizon price target raised to $27 from $23 at Raymond James
- First Horizon price target raised to $28 from $26 at UBS
- First Horizon price target raised to $26 from $23 at Evercore ISI
- First Horizon price target raised to $27 from $24 at Goldman Sachs