RBC Capital Maintains Sector Perform on First Horizon, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom has maintained a 'Sector Perform' rating on First Horizon (NYSE:FHN) and raised the price target from $13 to $14.
July 20, 2023 | 10:51 am
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First Horizon's price target has been raised from $13 to $14 by RBC Capital, maintaining a 'Sector Perform' rating.
The price target increase for First Horizon by RBC Capital indicates a positive outlook for the company. This could potentially lead to an increase in the stock price in the short term. The 'Sector Perform' rating suggests that the stock is expected to perform in line with the sector average, which is a neutral-to-positive signal for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100