Goldman Sachs Reinstates Neutral on First Horizon, Announces $13 Price Target
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Ryan Nash has reinstated First Horizon (NYSE:FHN) with a Neutral rating and announced a $13 price target.
June 28, 2023 | 9:57 am
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NEUTRAL IMPACT
Goldman Sachs has reinstated First Horizon with a Neutral rating and a $13 price target.
The reinstatement of First Horizon by Goldman Sachs with a Neutral rating indicates that the bank sees the stock as fairly valued at current levels. The $13 price target suggests that Goldman Sachs does not expect significant price movement in the near term. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100