JP Morgan Maintains Neutral on First Horizon, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos has maintained a Neutral rating on First Horizon (NYSE:FHN) and lowered the price target from $14 to $13.

October 05, 2023 | 3:07 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on First Horizon and lowered the price target from $14 to $13.
The news directly pertains to First Horizon (FHN). The lowering of the price target by JP Morgan may have a neutral to slightly negative impact on the stock in the short term as it indicates a lower expected future price. However, the maintenance of the Neutral rating suggests that the analyst does not see significant downside risk.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100