FHN Price Prediction Next Week
Analysis and Insights
Technical Analysis:
First Horizon Corp (FHN) is currently trading at $18.69 as of 2025-03-10. The stock has entered oversold territory with an RSI reading of 29.7, indicating potential buying opportunities. The Fibonacci pivot level is at $20.23, with resistance levels at $21.46 and $22.22, and support levels at $19.00 and $18.24.
News and Fundamental Analysis:
The stock is part of the iShares Select Dividend ETF (DVY), which has an implied analyst target price of $149.94, indicating a potential upside of 12.75% for the ETF. FHN specifically has a notable upside of 20.90% based on analyst targets, with an average target price of $23.25.
Conclusion:
Based on the oversold RSI and the Fibonacci levels, FHN is expected to see a short-term rebound. The stock is predicted to reach $20.50 in the next trading week.
Recommendation: Buy FHN at the current price level with a target of $20.50.
FHN Similar Chart Price Prediction
The price of FHN is predicted to go up 0.31%, based on the high correlation periods with EBC. The similarity of these two price pattern on the periods is 97.43%.
FHN
EBC
Up: 0.31%Similarity: 97.43%
FHN Revenue Forecast
FHN EPS Forecast
FHN FAQs
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FHN Analyst's Forecast
Ben Gerlinger
Citigroup
Strong Buy
2025-02-28
Price Target
$24 → $25
Upside
+16.06%
Citi analyst Benjamin Gerlinger raised the firm's price target on First Horizon to $25 from $24 and keeps a Buy rating on the shares. The firm came away from the company's mid-quarter update feeling more comfortable about First Horizon's 2025 revenue outlook despite recent industry trends suggesting sluggish growth.
Ebrahim Poonawala
B of A Securities
Strong Buy
2025-01-17
Price Target
$23 → $25
Upside
+15.96%
Timur Braziler
Wells Fargo
Hold
2025-01-17
Price Target
$21 → $22
Upside
+2.04%
