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Fly News Breaks for July 18, 2018
FHN
Jul 18, 2018 | 08:35 EDT
As previously reported, Raymond James downgraded First Horizon to Outperform from Strong Buy. Analyst Michael Rose said Q2 results fell below expectations on a core basis but believes ongoing improvement in the core regional bank franchise and further cost savings and revenue synergies from the Capital Bank deal will offset capital markets weakness.
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