B of A Securities has maintained its "Buy" rating on First Horizon (FHN, Financial) while raising the price target to $27.00 from a previous $26.00. This adjustment reflects a 3.85% increase in the price target, indicating a positive outlook for the stock.
The analyst behind this update is Ebrahim Poonawala, who represents B of A Securities. The changes were officially recorded on July 17, 2025, suggesting confidence in First Horizon's potential growth prospects.
First Horizon (FHN, Financial) continues to present as an attractive investment option within the banking sector, with the updated price target signaling a positive sentiment from financial analysts.
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 $24.28 with a high estimate of $27.00 and a low estimate of $22.00. The average target implies an upside of 12.11% from the current price of $21.66. More detailed estimate data can be found on the First Horizon Corp (FHN) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, First Horizon Corp's (FHN, Financial) average brokerage recommendation is currently 2.1, 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 $19.56, suggesting a downside of 9.7% from the current price of $21.66. 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.
