Market Overview

UPDATE: Jefferies Raises PT on First Horizon National on Adjusted '13 EPS Estimate

Related FHN
Top Performing Industries For September 18, 2014
Earnings Scheduled For July 18, 2014

In a report published Monday, Jefferies analyst Emlen Harmon reiterated a Hold rating on First Horizon National (NYSE: FHN), and raised the price target from $11.00 to $12.00.

In the report, Jefferies noted, “We adjust our '13 EPS est. to $0.74 (from $0.79) and '14 to $0.88 (from $0.91). A higher starting point for share count and a weaker fee outlook are the primary drags, partially offset by faster recognition of expense saves and a higher starting point for NIM.”

First Horizon National closed on Friday at $12.10.

Latest Ratings for FHN

DateFirmActionFromTo
Sep 2014Raymond JamesUpgradesMarket PerformOutperform
Aug 2014Keefe Bruyette & WoodsMaintainsOutperform
Aug 2014Keefe Bruyette & WoodsUpgradesMarket PerformOutperform

View More Analyst Ratings for FHN
View the Latest Analyst Ratings

Posted-In: Emlen Harmon JefferiesAnalyst Color Price Target Analyst Ratings

 

Related Articles (FHN)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters