First Horizon (NYSE: FHN) has recently received a number of price target changes and ratings updates:
- 7/6/2026 – First Horizon was given a new $27.00 price target by Evercore Inc.
- 7/6/2026 – First Horizon had its price target raised by Wells Fargo & Company from $25.00 to $26.00. They now have an “equal weight” rating on the stock.
- 7/1/2026 – First Horizon was given a new $28.50 price target by Fundamental Research.
- 7/1/2026 – First Horizon had its price target raised by Raymond James Financial, Inc. from $26.00 to $28.00. They now have an “outperform” rating on the stock.
- 7/1/2026 – First Horizon had its price target raised by JPMorgan Chase & Co. from $26.00 to $28.50. They now have a “neutral” rating on the stock.
- 6/27/2026 – First Horizon was downgraded by Wall Street Zen from “hold” to “sell”.
- 6/8/2026 – First Horizon was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 6/2/2026 – First Horizon was upgraded by Wall Street Zen from “sell” to “hold”.
- 5/25/2026 – First Horizon was downgraded by Wall Street Zen from “hold” to “sell”.
- 5/17/2026 – First Horizon was upgraded by Wall Street Zen from “sell” to “hold”.
- 5/9/2026 – First Horizon was downgraded by Wall Street Zen from “hold” to “sell”.
First Horizon Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th were paid a $0.17 dividend. The ex-dividend date was Friday, June 12th. This represents a $0.68 annualized dividend and a yield of 2.7%. First Horizon’s dividend payout ratio is currently 34.00%.
Tracing its origins to the First National Bank of Memphis established in 1864, First Horizon has grown through strategic acquisitions and organic expansion to serve customers in Tennessee, Texas, North Carolina, South Carolina, Georgia and Florida.
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