Keefe, Bruyette & Woods Upgrades First Horizon to Outperform, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Brady Gailey upgraded First Horizon (NYSE:FHN) from Market Perform to Outperform and increased the price target from $16 to $18.
April 05, 2024 | 10:03 am
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First Horizon was upgraded from Market Perform to Outperform by Keefe, Bruyette & Woods, with the price target raised from $16 to $18.
Upgrades by reputable analysts like Keefe, Bruyette & Woods typically lead to positive short-term price movements. The increase in the price target from $16 to $18 suggests a strong confidence in the company's future performance, likely influencing investor sentiment positively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100