Evercore ISI Group Maintains Outperform on First Horizon, Lowers Price Target to $18.5
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on First Horizon (NYSE:FHN) but has lowered the price target from $19.5 to $18.5.
September 17, 2024 | 2:00 pm
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NEUTRAL IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on First Horizon but lowered the price target from $19.5 to $18.5, indicating a slightly less optimistic outlook.
The maintenance of an 'Outperform' rating suggests continued confidence in First Horizon's performance, but the lowered price target indicates a slightly reduced expectation for its stock price. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100