Citi Reiterates Buy Rating on First Horizon Corporation (FHN)

First Horizon Corporation (NYSE:FHN) is one of the 10 best banking stocks to buy according to hedge funds.

On February 24, Ben Gerlinger from Citi reaffirmed his Buy rating on First Horizon Corporation (NYSE:FHN). The analyst also raised the firm’s price target slightly, from $28 to $28.50, yielding an upside potential of almost 19%. His revision is based on “solid” profitability projections for regional banks amid a “normalized yield curve now in play.”

Back on January 16, Peter Winter from DA Davidson also increased his price target on First Horizon Corporation (NYSE:FHN) from $25 to $27. The analyst maintained a Neutral rating on the shares after the company’s fourth-quarter results, which built strong momentum heading into 2026.

Winter expects the bank to deliver mid-single digit loan growth, supporting projected revenue growth of 3–7% while keeping expenses stable. He also noted that First Horizon Corporation (NYSE:FHN) has already posted healthy revenue growth over the past year, with analysts forecasting EPS of $2.05 for fiscal 2026.

First Horizon Corporation (NYSE:FHN) is a holding company for First Horizon Bank, which is structured around the Regional Banking, Specialty Banking, and Corporate Banking segments. Apart from an extensive range of banking services, it also offers other financial solutions such as wealth and asset management, financial planning, and trust services.

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