Wedbush Upgrades First Horizon to Outperform, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has upgraded First Horizon (NYSE:FHN) from Neutral to Outperform and raised the price target from $12 to $14.
November 03, 2023 | 12:11 pm
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First Horizon's stock has been upgraded by Wedbush from Neutral to Outperform, with a price target increase from $12 to $14.
The upgrade from Neutral to Outperform indicates that the analyst believes the company's stock will outperform the market or its sector in the short term. The increase in price target from $12 to $14 suggests that the analyst sees significant upside potential in the stock. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
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