Evercore ISI Group Maintains Outperform on First Horizon, Lowers Price Target to $18
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 $18.5 to $18.
October 02, 2024 | 2:15 pm
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NEUTRAL IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on First Horizon but lowered the price target from $18.5 to $18, indicating a slight decrease in expected valuation.
The 'Outperform' rating suggests continued positive sentiment towards First Horizon, but the lowered price target indicates a slight reduction in expected future performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100