First Horizon Reaches Analyst Target Price
January 07, 2021 at 08:17 AM EST
In recent trading, shares of First Horizon Corp (FHN) have crossed above the average analyst 12-month target price of $13.54, changing hands for $14.34/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..