Raymond James Upgrades First Horizon to Strong Buy, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Michael Rose has upgraded First Horizon (NYSE:FHN) from Outperform to Strong Buy and increased the price target from $13 to $17.
January 05, 2024 | 5:29 pm
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First Horizon was upgraded by Raymond James from Outperform to Strong Buy with a raised price target from $13 to $17.
Upgrades by analysts, especially to a Strong Buy rating, typically signal increased confidence in a company's future performance and can lead to a positive short-term price movement. The raised price target further supports the bullish sentiment.
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