Key Takeaways From First Horizon Analyst Ratings
Portfolio Pulse from Benzinga Insights
First Horizon (NYSE:FHN) has received mixed analyst ratings over the past three months, with a majority being somewhat bullish. Analysts have set a 12-month average price target of $18.0, reflecting a slight increase from previous targets. The company's financial performance shows strong revenue growth but challenges in profitability and asset utilization.
September 17, 2024 | 5:00 pm
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NEUTRAL IMPACT
First Horizon has received a mix of analyst ratings, with a slight upward trend in price targets. The company's financials show strong revenue growth but challenges in profitability and asset utilization.
The mixed analyst ratings indicate a neutral short-term impact on FHN's stock price. The slight increase in price targets suggests some positive sentiment, but the company's financial challenges in profitability and asset utilization may offset this. The overall impact is neutral as the market digests these mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100