UBS Initiates Coverage On First Horizon with Neutral Rating, Announces Price Target of $12
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brody Preston has initiated coverage on First Horizon (NYSE:FHN) with a Neutral rating and a price target of $12.
September 28, 2023 | 10:53 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
UBS has initiated coverage on First Horizon with a Neutral rating and a price target of $12.
The initiation of coverage by UBS with a Neutral rating suggests that the bank sees the stock as fairly valued at current levels. The price target of $12 indicates where they believe the stock will trade in the near future. This could influence investor sentiment and trading behavior, but the neutral rating suggests no significant price movement is expected in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100