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Analysts at Barclays Upped First Horizon (FHN) Rating from “Equal Weight” to “Overweight”. The Stock Has 23.06 % Upside Potential and $23.0 Target

Barclays Capital Analyst Rating Change First Horizon FHN

First Horizon (FHN) Rating Improved

Trading of First Horizon (FHN)’s shares is going to be interesting today, as Barclays upped the stock from a “Equal Weight” to a “Overweight”. Along the rating upgrade, Barclays analysts gave a PT of $23.0 or 23.06 % more.

In spite of this stock rating upgrade FHN is at the moment trading 0.00% lower at $0.00 as of 4:06 AM New York time. First Horizon shares have [From2] 0% over the last 200 days, while the S&P500 Index has surged 6.00% for the same time.

According to data compiled by Thomson Reuters, First Horizon (FHN)’s stock is covered by 16 equity analysts across the Street, with 0 analysts giving it a Sell rating, 0 a Buy rating, while 0 consider it a Hold. The 12-month consensus target price for the stock is $14.19, which reflects an upside potential of ∞% over the current price.

FHN Stock Chart

Institutional Ownership

Huber Capital Management Llc had the largest stake with ownership of 3.58 million shares as of Q2 2015 for 2.15% of the equity exposure. Fuller & Thaler Asset Management Inc. is another bullish investment manager who is possessing 5.41 million shares of First Horizon or 1.36% of their equity exposure. In addition, Denver Investment Advisors Llc have 1.17% of their equity exposure invested in the company for 1.74 million shares. The Wisconsin-based fund Broadview Advisors Llc revealed it had acquired a stake worth about 1.11% of the investment manager’s stock portfolio in First Horizon. The Tennessee-based fund Summit Asset Management Llc is also positive about the stock, possessing 516,125 shares or 0.93% of their equity exposure.

First Horizon (FHN) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. First Horizon has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.

Get the latest First Horizon (FHN) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Analysts at Barclays Upped First Horizon (FHN) Rating from “Equal Weight” to “Overweight”. The Stock Has 23.06 % Upside Potential and $23.0 Target appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Analysts at Barclays Upped First Horizon (FHN) Rating from “Equal Weight” to “Overweight”. The Stock Has 23.06 % Upside Potential and $23.0 Target

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