Citigroup Initiates Coverage On First Horizon with Buy Rating, Announces Price Target of $14
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ben Gerlinger has initiated coverage on First Horizon (NYSE:FHN) with a Buy rating and set a price target of $14.
December 01, 2023 | 10:16 am
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Citigroup has initiated coverage on First Horizon with a Buy rating and a price target of $14, which could positively influence investor sentiment and the stock's price.
Analyst ratings, especially from major banks like Citigroup, can significantly impact stock prices. A Buy rating suggests that Citigroup sees potential in First Horizon, and the announcement of a $14 price target could lead to increased investor confidence and upward price movement in the short term.
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