First Horizon (FHN, Financial) has recently attracted attention as RBC Capital, led by analyst Jon Arfstrom, made notable adjustments to their financial outlook on the stock. On June 9, 2025, RBC Capital announced that they have maintained their "Outperform" rating for First Horizon (FHN), signaling confidence in the company's future performance.
In addition to maintaining their rating, RBC Capital has raised the price target for First Horizon (FHN, Financial) from $22.00 to $24.00, reflecting a 9.09% increase. This adjustment indicates an optimistic view of the stock's potential upside, aligning with the analyst's positive stance.
The revised price target and consistent rating suggest that RBC Capital foresees favorable conditions and growth opportunities for First Horizon (FHN, Financial), making it a stock to watch in the upcoming weeks. Investors may want to consider this update as part of their decision-making process regarding First Horizon (FHN).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for First Horizon Corp (FHN, Financial) is $22.17 with a high estimate of $25.00 and a low estimate of $20.00. The average target implies an upside of 8.63% from the current price of $20.41. More detailed estimate data can be found on the First Horizon Corp (FHN) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, First Horizon Corp's (FHN, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for First Horizon Corp (FHN, Financial) in one year is $19.53, suggesting a downside of 4.29% from the current price of $20.405. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the First Horizon Corp (FHN) Summary page.
