BUY Conviction3/5 Analysis quality75/100 Price target20 now
The analyst recommends First Horizon (FHN), a regional bank with significant assets and a diversified revenue stream from fee income. Despite recent declines, the stock is leveraged to interest rates and could jump with increases. It shows strong growth (70% last fiscal year, 33% annualized over three years), pays a 3.9% dividend, and trades at a premium to its history, with analysts projecting 20% upside.
“The average analyst price target of twenty dollars a share represents twenty percent upside from here on top of that dividend”