Leadership Change: First Horizon Bank has appointed Justin Rutledge as Charlotte Market President, tasked with market strategy and execution to drive client growth through a high-touch client experience.
Extensive Experience: Rutledge brings over 20 years of banking experience, having served as Market President at BB&T and Truist, which positions him well to foster long-term client relationships and enhance market presence.
Community Engagement: Actively involved in community service, Rutledge serves on the board of directors for the YMCA of Greater Charlotte, reflecting First Horizon's commitment to community impact and enhancing brand loyalty.
Asset Scale: As of September 30, 2025, First Horizon boasts $83.2 billion in assets, positioning itself as a leading regional financial services company dedicated to providing comprehensive financial solutions to clients and communities.
FHN
$23.73+Infinity%1D
Analyst Views on FHN
Wall Street analysts forecast FHN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FHN is 24.38 USD with a low forecast of 20.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
Wall Street analysts forecast FHN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FHN is 24.38 USD with a low forecast of 20.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 23.590
Low
20.00
Averages
24.38
High
28.00
Current: 23.590
Low
20.00
Averages
24.38
High
28.00
Baird
David George
Outperform -> Neutral
downgrade
$25
2025-12-11
New
Reason
Baird
David George
Price Target
$25
2025-12-11
New
downgrade
Outperform -> Neutral
Reason
Baird analyst David George downgraded First Horizon to Neutral from Outperform with an unchanged price target of $25. The firm is less constructive on the U.S. banks following the recent strength in the shares. While this week's updates have been good, the "margin of safety in these stocks is more limited given the notable rally since the April panic," the analyst tells investors in a research note. It cites valuation for the downgrade.
Barclays
NULL -> Overweight
maintain
$26 -> $28
2025-11-11
Reason
Barclays
Price Target
$26 -> $28
2025-11-11
maintain
NULL -> Overweight
Reason
Barclays raised the firm's price target on First Horizon to $28 from $26 and keeps an Overweight rating on the shares. The firm adjusted models in the mid-cap bank group post the Q3 reports.
Evercore ISI
Outperform -> In Line
downgrade
$20
2025-10-16
Reason
Evercore ISI
Price Target
$20
2025-10-16
downgrade
Outperform -> In Line
Reason
Evercore ISI downgraded First Horizon to In Line from Outperform with a $20 price target.
Evercore ISI
Outperform
to
In Line
downgrade
$26 -> $20
2025-10-16
Reason
Evercore ISI
Price Target
$26 -> $20
2025-10-16
downgrade
Outperform
to
In Line
Reason
Evercore ISI downgraded First Horizon to In Line from Outperform with a price target of $20, down from $26. Despite yesterday's post-earnings selloff, the firm sees limited meaningful upside catalysts to the shares. The stock dropped 11% yesterday as management appeared to open the door to potential whole bank acquisitions, which countered investor sentiment that First Horizon is more likely a seller, the analyst tells investors in a research note. Evercore now views a potential sale of the bank as unlikely over the next 12 months. As such, the firm views the stock's current valuation as fair.
About FHN
First Horizon Corporation is a regional financial services company. The Company is a financial holding company. The Company’s principal subsidiary, and only banking subsidiary, is First Horizon Bank (the Bank). Through the Bank and other subsidiaries, it offers commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. Its segments include Commercial, Consumer & Wealth; Wholesale; and Corporate. The Commercial, Consumer & Wealth segment offers financial products and services, including traditional lending and deposit taking, to commercial and consumer clients primarily in the southern United States and other selected markets. The Wholesale segment includes mortgage warehouse lending, franchise finance, correspondent banking, and mortgage. Additionally, the Wholesale segment has a line of business focused on fixed-income securities sales, trading, underwriting, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
