First Horizon (FHN) – Research Analysts’ Weekly Ratings Updates

First Horizon (NYSE: FHN) recently received a number of ratings updates from brokerages and research firms:

• 9/22/2026 – First Horizon had its price target lowered by Citigroup Inc. from $28.50 to $28.00. They now have a “buy” rating on the stock.
• 9/17/2026 – First Horizon is now covered by Hovde Group. They set a “market perform” rating and a $25.00 price target on the stock.
• 9/17/2026 – First Horizon is now covered by Hovde Group. They set a “hold” rating and a $25.00 price target on the stock.
• 9/8/2026 – First Horizon was given a new $30.00 price target by National Bank Financial.
• 9/8/2026 – First Horizon is now covered by Morgan Stanley. They set an “equal weight” rating and a $30.00 price target on the stock.
• 9/4/2026 – First Horizon had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 8/10/2026 – First Horizon is now covered by Wells Fargo & Company. They set an “equal weight” rating and a $28.00 price target on the stock.
• 8/7/2026 – First Horizon was upgraded by Wells Fargo & Company to “hold”.

First Horizon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 11th will be given a $0.17 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.9%. First Horizon’s dividend payout ratio is currently 32.54%.

Insider Buying and Selling at First Horizon

In related news, EVP Elizabeth Ardoin sold 18,313 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $24.85, for a total value of $455,078.05. Following the completion of the transaction, the executive vice president directly owned 340,368 shares in the company, valued at $8,458,144.80. This trade represents a 5.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.91% of the stock is owned by corporate insiders.

First Horizon Corporation (NYSE:FHN) is a financial services company headquartered in Memphis, Tennessee. Through its principal subsidiary, First Horizon Bank, the company provides banking, lending and wealth management services to individuals, businesses and institutions.

Its consumer banking activities include checking and savings accounts, residential mortgages, personal loans, credit products and digital banking services. First Horizon also serves commercial customers with business deposits, commercial and industrial loans, real estate financing, treasury management and other specialized banking solutions.

The company offers investment, trust and advisory services through its wealth management operations and provides capital markets services, including investment banking, securities underwriting, fixed-income products and institutional sales and trading.