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First Horizon National (FHN) earnings power facing headwinds - JPMorgan

June 13, 2023 1:26 PM EDT

JPMorgan downgraded First Horizon National (NYSE: FHN) to Neutral from Not Rated with a $13 per share price target in a note to clients Tuesday.

Analyst Steven Alexopoulos said the firm believes FHN's earnings power is facing headwinds. The analyst explained that following TD Bank and First Horizon announcing they mutually agreed to terminate their merger,... More