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Fly News Breaks for July 16, 2019
FHN
Jul 16, 2019 | 15:20 EDT
As previously reported, BofA Merrill Lynch analyst Ebrahim Poonawala upgraded First Horizon to Neutral from Underperform and raised his price target on the shares to $16 from $15. The analyst notes that the shares are outperforming after reporting Q2 results that beat his and consensus expectations, and sees risk/reward as balanced.
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