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First Horizon price target raised to $29 from $28 at Stephens

Stephens raised the firm’s price target on First Horizon (FHN) to $29 from $28 and keeps an Overweight rating on the shares. The firm is raising its FY26 and FY27 operating EPS estimates based on the company’s operating EPS and pre-provision net revenue beat and stronger top-line momentum, the analyst tells investors in a post-earnings note.

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