On Oct 17, major Wall Street analysts update their ratings for $First Horizon National (FHN.US)$, with price targets ranging from $18 to $21.
BofA Securities analyst Ebrahim Poonawala maintains with a buy rating, and adjusts the target price from $18 to $20.
Barclays analyst Jared Shaw maintains with a buy rating, and adjusts the target price from $19 to $21.
Wells Fargo analyst Timur Braziler maintains with a hold rating, and adjusts the target price from $16 to $18.
Evercore analyst John Pancari maintains with a buy rating, and maintains the target price at $18.
RBC Capital analyst Jon Arfstrom maintains with a buy rating, and adjusts the target price from $19 to $20.
Furthermore, according to the comprehensive report, the opinions of $First Horizon National (FHN.US)$'s main analysts recently are as follows:
Following the Q3 report, the unchanged guidance for total revenue was noted, albeit with a shift in composition favoring fee income over benefits derived from lower rates.
First Horizon delivered another robust quarter which underscores the resilience of their diversified business approach. Despite challenges from the prevailing rate climate and increased deposit expenses impacting net interest income and net interest margin, the company's performance in fees and fixed income provided substantial counterbalances. Furthermore, First Horizon has successfully managed its core expenses, maintained encouraging credit metrics, and continued its share repurchase program.
Here are the latest investment ratings and price targets for $First Horizon National (FHN.US)$ from 8 analysts:
Note:
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