First Horizon Analysts Increase Their Forecasts After Upbeat Q4 Earnings
First Horizon Corp (NYSE:FHN) reported Q4 earnings of 52 cents per share, exceeding estimates of 46 cents, with sales of $888 million surpassing the $859 million forecast. CEO Bryan Jordan highlighted strong performance and earnings growth. Following the announcement, analysts adjusted their price targets: Keefe, Bruyette & Woods raised to $25, Stephens & Co. to $29, TD Cowen to $27, and DA Davidson to $27. Despite the positive earnings, shares fell 1.1% to $24.17.
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