JP Morgan Maintains Neutral on First Horizon, Raises Price Target to $13.5
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Steven Alexopoulos maintains a Neutral rating on First Horizon (NYSE:FHN) and raises the price target from $13 to $13.5.
June 29, 2023 | 4:20 pm
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JP Morgan maintains a Neutral rating on First Horizon and raises the price target from $13 to $13.5, indicating a potential upside.
The raised price target by JP Morgan indicates a potential upside for First Horizon. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 6-12 months, which means the impact might not be immediate.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100