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First Horizon price target raised to $25 from $23 at BofA

BofA analyst Ebrahim Poonawala raised the firm’s price target on First Horizon (FHN) to $25 from $23 and keeps a Buy rating on the shares after the company reported a Q4 EPS beat and left its FY25 outlook unchanged. Following the report, the firm raised its FY25 and FY26 EPS estimates by 5.2% and 1.9%, respectively, to $1.69 and $1.90.

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