JPMorgan resumes coverage of First Horizon with neutral rating as it faces ‘bottom line headwinds’

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JPMorgan resumes coverage of First Horizon with neutral rating as it faces ‘bottom line headwinds’
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J.P. Morgan Chase analysts on Tuesday assigned a neutral rating to First Horizon Corp. with a $13 price target, following a period of no rating. Previously,...

J.P. Morgan Chase analysts on Tuesday assigned a neutral rating to First Horizon Corp. FHN with a $13 price target, following a period of no rating. Previously, JPMorgan had a December 2022 price target of $20 with an overweight rating. After its merger with TD was scrapped on May 4, First Horizon held an investor day on June 6.

... J.P. Morgan Chase analysts on Tuesday assigned a neutral rating to First Horizon Corp. FHN with a $13 price target, following a period of no rating. Previously, JPMorgan had a December 2022 price target of $20 with an overweight rating. After its merger with TD was scrapped on May 4, First Horizon held an investor day on June 6.

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