Analysts Offer Insights on Financial Companies: First Horizon (NYSE: FHN) and Comerica Inc (NYSE: CMA)

By Austin Angelo

Analysts fell to the sidelines weighing in on First Horizon (FHNResearch Report) and Comerica Inc (CMAResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

First Horizon (FHN)

In a report released today, Tyler Stafford from Stephens maintained a Hold rating on First Horizon, with a price target of $15. The company’s shares opened today at $14.15.

According to TipRanks.com, Stafford is a 4-star analyst with an average return of 5.2% and a 56.6% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pacific Premier Bancorp Inc.

First Horizon has an analyst consensus of Hold, with a price target consensus of $15.67, representing a 10.7% upside. In a report issued on April 1, Jefferies also downgraded the stock to Hold with a $14 price target.

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Comerica Inc (CMA)

In a report released today, Terry McEvoy from Stephens maintained a Hold rating on Comerica Inc, with a price target of $90. The company’s shares opened today at $77.39.

According to TipRanks.com, McEvoy is a 4-star analyst with an average return of 7.5% and a 65.7% success rate. McEvoy covers the Financial sector, focusing on stocks such as Chemical Financial Corp, First Financial Bancorp, and Wintrust Financial Corp.

The word on The Street in general, suggests a Hold analyst consensus rating for Comerica Inc with a $88 average price target, a 13.7% upside from current levels. In a report issued on April 4, Goldman Sachs also downgraded the stock to Hold with a $84 price target.

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