Research Analysts’ Recent Ratings Updates for First Horizon (FHN)

Several brokerages have updated their recommendations and price targets on shares of First Horizon (NYSE: FHN) in the last few weeks:

• 7/16/2026 – First Horizon was given a new $29.00 price target by National Bank Financial.
• 7/16/2026 – First Horizon had its “buy” rating reaffirmed by UBS Group AG.
• 7/16/2026 – First Horizon had its price target lowered by JPMorgan Chase & Co. from $28.50 to $27.00. They now have a “neutral” rating on the stock.
• 7/10/2026 – First Horizon had its price target raised by Truist Financial Corporation from $26.00 to $27.00. They now have a “hold” rating on the stock.
• 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”.

First Horizon Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, June 12th. First Horizon’s dividend payout ratio is presently 32.54%.

First Horizon Corporation, headquartered in Memphis, Tennessee, is a diversified financial services company providing an array of retail, commercial and wealth management solutions. As the largest bank-based financial services firm in Tennessee, First Horizon operates through a network of branches and digital platforms across the Southeastern United States, offering personal and business banking, mortgage origination and servicing, payment solutions and treasury management services.

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.