FHN, US3205171057

JPMorgan cuts target to USD 26.00 for First Horizon stock

Published on 10/17/2026 at 22:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FHN's range was USD 20.00 to USD 26.56 on October 16, 2026. First Horizon stock last cost EUR 20.30 on October 16, 2026, up 0.09 percent on the NYSE.

Analyst target and market position

JPMorgan lowered its First Horizon target from USD 27.00 to USD 26.00 on October 16, 2026.
First Horizon stock had a USD 20.00 to USD 26.56 52-week range on October 16, 2026.
First Horizon stock last stood at EUR 20.30 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST, up 0.09 percent on the NYSE versus the prior close of October 15, 2026.
First Horizon had a USD 10.8 billion market capitalization and a 16.46 price-to-earnings ratio on October 16, 2026.

FHN, US3205171057, Illustration mit AI erstellt.

JPMorgan lowered its First Horizon price target from USD 27.00 to USD 26.00 on October 16, 2026, while keeping a Neutral rating, according to Markets Insider. The revised target stood 13.64 percent above the NYSE price of USD 22.88. First Horizon stock last stood at EUR 20.30 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST, up 0.09 percent on the NYSE versus the prior close of October 15, 2026.

Range leaves room for volatility

The stock's 52-week range ran from USD 20.00 to USD 26.56 as of October 16, 2026. At USD 22.88, the NYSE price was 14.24 percent below the high and 14.40 percent above the low, placing the shares between the two ends rather than near either boundary.

Valuation and trading activity

First Horizon had a USD 10.8 billion market capitalization, a 16.46 price-to-earnings ratio and a 3.00 percent dividend yield as of October 16, 2026. Trading volume was 8,429,464 shares against an average of 5,426,637, or 55.27 percent above the average.

Comparison with peers

First Horizon: plus 0.09 percent, P/E 16.46, market capitalization USD 10.8 billion.

Zions Bancorporation (NYSE, USD): plus 0.57 percent, P/E 8.06, market capitalization USD 9.2 billion.

Regions Financial (NYSE, USD): plus 0.51 percent, P/E 10.76, market capitalization USD 23.4 billion.

Next date and investor perspective

First Horizon's third-quarter results were scheduled for October 15, 2026, before the market opened, according to Stifel. The next market question is whether the USD 26.00 target remains a useful benchmark after the latest target revisions. The comparison with Zions and Regions shows that First Horizon trades at a higher price-to-earnings ratio than both peers, while its dividend yield remains a separate valuation factor.

Price remains between range boundaries

The October 16 price leaves First Horizon 14.24 percent below its 52-week high and 14.40 percent above its 52-week low. The market capitalization and peer comparison give the target revision a broader valuation context.

The further course of trading is shown by the continuously updated real-time quote of First Horizon stock.