UPDATE: Jefferies Raises PT on First Horizon National on Adjusted '13 EPS Estimate
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
|Jul 2015||Stephens & Co.||Downgrades||Overweight||Equal-weight|
|Jul 2015||RBC Capital||Maintains||Sector Perform|
|Jun 2015||Wells Fargo||Upgrades||Underperform||Market Perform|
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