Impact of Brokerage Rating on First Horizon National Corporation(FHN)

Many First Horizon National Corporation(FHN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. First Horizon National Corp was Initiated by JMP Securities to Mkt Perform on Feb 2, 2017. First Horizon National Corp was Upgraded by Wells Fargo to Market Perform on Jan 9, 2017. First Horizon National Corp was Upgraded by JP Morgan to Overweight on Jan 5, 2017. First Horizon National Corp was Upgraded by BofA/Merrill to Neutral on Dec 15, 2016. First Horizon National Corp was Upgraded by Jefferies to Buy on Nov 28, 2016.

Company has reported several Insider transactions to the SEC, on Feb 6, 2017, John M Daniel (EVP & Chief HR Officer) sold 28,987 shares at 19.96 per share price.On Sep 7, 2016, David T Popwell (President-Banking) sold 110,422 shares at 15.11 per share price.On Aug 31, 2016, Michael E Kisber (President-FTN Financial) sold 456,230 shares at 15.25 per share price.

First Horizon National Corp Last issued its quarterly earnings results on Jan 13, 2017. The company reported $0.23 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.25. The company had revenue of $319.60 million for the quarter, compared to analysts expectations of $330.89 million. The companys revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.

First Horizon National Corporation (NYSE:FHN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.45 by 11 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold.

First Horizon National Corporation (NYSE:FHN): According to 10 Analysts, The short term target price has been estimated at $ 20.25.The target price could deviate by a maximum of $3.13 from the forecast price. In the near term, the target price could hit a high of $25 and a low of $ 15.

First Horizon National Corporation (NYSE:FHN) rose 2.11% or 0.42 points on Tuesday and made its way into the gainers of the day. After trading began at $19.92 the stock was seen hitting $20.35 as a peak level and $19.79 as the lowest level. The stock ended up at $20.31. The daily volume was measured at 2,509,555 shares. The 52-week high of the share price is $20.84 and the 52-week low is $11.66. The company has a market cap of $4,745 million.

The First Horizon National family of companies provides financial services to individual and business customers through: First Horizon Home Loans, FTN Financial, First Tennessee Bank, and First Horizon Merchant Services.

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