First Horizon price target raised to $27 from $26 at TD Cowen

Group 1 - TD Cowen raised the price target on First Horizon (FHN) to $27 from $26 while maintaining a Hold rating on the shares [1] - The firm updated its model following solid Q4 results and guidance, highlighting improved lending with strong Commercial and Industrial (C&I) growth [1] - The 2026 guidance is favorable but likely requires significant contributions from countercyclical fees [1]