Cracking The Code: Understanding Analyst Reviews For First Horizon
Portfolio Pulse from Benzinga Insights
Analysts have provided diverse evaluations for First Horizon (NYSE:FHN) over the past three months, with a mix of bullish and neutral ratings. The average 12-month price target has increased to $17.3, reflecting an 11.11% rise from the previous target. Despite some positive analyst actions, First Horizon faces financial challenges, including a decline in revenue growth and below-industry-average profitability metrics.
May 23, 2024 | 4:00 pm
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Analysts have mixed views on First Horizon (NYSE:FHN) with an average price target of $17.3, up 11.11% from the previous target. Despite some positive ratings, the company faces financial challenges, including a decline in revenue growth and below-industry-average profitability metrics.
The mixed analyst ratings and increased price target suggest a neutral short-term impact on FHN's stock price. While some analysts are optimistic, the company's financial challenges, such as declining revenue growth and low profitability, may offset the positive sentiment.
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IMPORTANCE 80
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