Stephens Issues a Hold Rating on First Horizon


In a report released today, Tyler Stafford from Stephens assigned a Hold rating to First Horizon (NYSE: FHN), with a price target of $18.50. The company’s shares closed yesterday at $17.18.

According to TipRanks.com, Stafford is a 5-star analyst with an average return of 18.2% and a 77.8% success rate. Stafford covers the Financial sector, focusing on stocks such as State Bank Financial Corporation, Capstar Financial Holdings Inc, and Carolina Financial Corporation.

First Horizon has an analyst consensus of Moderate Buy, with a price target consensus of $20.19, representing a 17.5% upside. In a report released today, UBS also downgraded the stock to Hold with a $19 price target.

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The company has a one-year high of $20.86 and a one-year low of $15.84. Currently, First Horizon has an average volume of 3.52M.

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First Horizon National Corp. operates as a financial holding company, which offers checking accounts, savings products, mortgage banking, lending, and financing to individuals and businesses. It operates the business through four segments: Regional Banking, Fixed Income, Corporate, and Non-strategic.

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