Analysts Are Upgrading These 5 Stocks

03. First Horizon Corporation (NYSE:FHN)

Number of Hedge Fund Holders: 60

First Horizon Corporation (NYSE:FHN) is a prominent regional financial services company. Its subsidiary, First Horizon Bank, operates in 12 states across the southern U.S. The company and its subsidiaries provide a wide range of financial services. On July 6, Raymond James analyst Michael Rose upgraded First Horizon Corporation (NYSE:FHN) from Market Perform to Outperform. Additionally, Rose has set a price target of $13 for the stock. This upgrade indicates a more positive outlook on First Horizon Corporation (NYSE:FHN) performance, suggesting that the stock has the potential to outperform its market peers.