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Analysts’ Top Financial Picks: First Horizon (FHN)

There’s a lot to be optimistic about in the Financial sector as 1 analysts just weighed in on and First Horizon (FHNResearch Report) with bullish sentiments.

First Horizon (FHN)

In a report issued on February 28, Casey Haire from Jefferies maintained a Buy rating on First Horizon, with a price target of $22.00. The company’s shares closed last Monday at $23.45, close to its 52-week high of $24.24.

According to TipRanks.com, Haire is a 5-star analyst with an average return of 15.9% and a 66.7% success rate. Haire covers the Financial sector, focusing on stocks such as First Republic Bank, Svb Financial Group, and East West Bancorp.

First Horizon has an analyst consensus of Hold, with a price target consensus of $22.81, implying a -3.8% downside from current levels. In a report issued on February 22, Wedbush also initiated coverage with a Buy rating on the stock with a $22.00 price target.

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