B of A Securities Maintains Buy on First Horizon, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ebrahim Poonawala maintains a Buy rating on First Horizon (NYSE:FHN) but lowers the price target from $14 to $13.
June 08, 2023 | 2:56 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on First Horizon (NYSE:FHN) but lowers the price target from $14 to $13.
The news of B of A Securities maintaining a Buy rating on First Horizon is positive for the stock. However, the lowering of the price target from $14 to $13 may create some uncertainty among investors. The overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100