Analysts’ Weekly Ratings Updates for First Horizon (FHN)

A number of research firms have changed their ratings and price targets for First Horizon (NYSE: FHN):

• 10/19/2026 – First Horizon had its price target raised by Truist Financial from $25.00 to $26.00. They now have a “hold” rating on the stock.
• 10/16/2026 – First Horizon had its price target lowered by Raymond James Financial from $28.00 to $27.00. They now have an “outperform” rating on the stock.
• 10/16/2026 – First Horizon was given a new $31.00 price target by Morgan Stanley.
• 10/16/2026 – First Horizon had its price target lowered by JPMorgan Chase & Co. from $27.00 to $26.00. They now have a “neutral” rating on the stock.
• 10/11/2026 – First Horizon was downgraded by Wall Street Zen from “hold” to “sell”.
• 10/9/2026 – First Horizon had its price target lowered by Truist Financial from $27.00 to $25.00. They now have a “hold” rating on the stock.
• 10/3/2026 – First Horizon was upgraded by Wall Street Zen from “sell” to “hold”.
• 10/1/2026 – First Horizon had its “hold” rating reaffirmed by Evercore. They now have a $25.00 price target on the stock.
• 9/30/2026 – First Horizon had its price target lowered by Wells Fargo & Company from $28.00 to $25.00. They now have an “equal weight” rating on the stock.
• 9/22/2026 – First Horizon had its price target lowered by Citigroup from $28.50 to $28.00. They now have a “buy” rating on the stock.
• 9/17/2026 – First Horizon is now covered by Hovde Group. They set a “market perform” rating and a $25.00 price target on the stock.
• 9/17/2026 – First Horizon is now covered by Hovde Group. They set a “hold” rating and a $25.00 price target on the stock.
• 9/8/2026 – First Horizon was given a new $30.00 price target by National Bank Financial.
• 9/8/2026 – First Horizon is now covered by Morgan Stanley. They set an “equal weight” rating and a $30.00 price target on the stock.
• 9/4/2026 – First Horizon had its “buy (b)” rating reaffirmed by Weiss Ratings.

First Horizon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be paid a $0.17 dividend. The ex-dividend date is Friday, December 11th. This represents a $0.68 annualized dividend and a dividend yield of 2.9%. First Horizon’s dividend payout ratio is presently 48.92%.

Insider Buying and Selling at First Horizon

In other First Horizon news, EVP Elizabeth Ardoin sold 18,313 shares of First Horizon stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $24.85, for a total transaction of $455,078.05. Following the completion of the transaction, the executive vice president owned 340,368 shares in the company, valued at approximately $8,458,144.80. The trade was a 5.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.91% of the stock is owned by insiders.

First Horizon Corporation is a financial services company headquartered in Memphis, Tennessee, and the parent company of First Horizon Bank. The company provides banking and financial services to individuals, businesses, institutions and government entities through a network serving communities primarily across the southeastern United States.

Its offerings include consumer and commercial deposit accounts, residential and commercial lending, treasury management, payment services, personal and business banking, and wealth management.