Wall Street Analyst Actions To Watch: First Horizon National Corporation (FHN), Diamondback Energy, Inc. (FANG)

First Horizon National Corporation (NYSE:FHN) was more active in the last trading session as around 4.27 million shares exchanged hands on Wall Street, representing an increase from its normal capacity of 3.47 million shares. A 1.8% change after the initial price of $18.57, sent the closing price to $18.68.

First Horizon National Corporation (FHN) Analyst Opinion

First Horizon National Corporation has a consensus outperform rating from 19 Wall Street analysts, and the number of shares currently sold short amount to at least 7.33% of shares outstanding. The stock spiked 2.08% last month and is down -6.55 this year. Wall Street is only getting more bullish on the stock, with 12 of analysts who cover FHN having a buy-equivalent rating. Analysts have placed a $22.32 price target on First Horizon National Corporation, suggesting a 19.49% gain from recent close. It’s currently trading about -10.45% below its 52-week high.

First Horizon National Corporation Earnings Surprise

First Horizon National Corporation (FHN) surprised the stock market in its last reported earnings when it earned $0.34 a piece versus the consensus-estimated $0.31. Its revenue totaled $440.46 million up 17.37% from the previous quarter.

First Horizon National Corporation (NYSE:FHN) Intraday View

This stock (FHN) is ahead of its 52-week low with 17.93%. Its last month’s stock price volatility remained 2.2% which for the week stands at 1.94%. The share price has moved backward from its 20 days moving average, trading at a distance of -1.31% and stays -0.94% away from its 50 days moving average. Over the last five days, shares have faced -4.5% losses and now is down -1.62% since hitting its 200-day moving average of $19.39. First Horizon National Corporation (FHN) has made its way to a 12-month gain of 9.88%.

Turning to Diamondback Energy, Inc. (NASDAQ:FANG), its shares were trading at $122.8 a gain of $1.8, on the trading floor. The stock, after opening at $121.78, touched a high of $123.58 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.8. Diamondback Energy, Inc. has 12 buy ratings, 2 holds and 0 sells even after the stock tumbled -11.1% from its high of $138.14 to a $12.58 billion market value through last close.

Diamondback Energy, Inc. (FANG) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 1.67 to 1.69 during a month. Analysts set a 12-month price target of $158.88 a share. The target implies a 29.38% spike from where the shares are currently trading. Also, the current price highlights a discount of 79.97% to analysts’ high consensus price target.

Diamondback Energy, Inc. (NASDAQ:FANG) Intraday Trading

The counter witnessed a trading volume of 1.6 million shares versus an average volume of 1.73 million shares during last trading session. Its last month’s stock price volatility remained 3.02% which for the week approaches 3.54%. The lowest price the stock reached in the last trading day was $120.6 and compares with the $82.77 52-week low. The stock recovered 48.36% since its low point and has performed -2.73% year-to-date.

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