Wall Street Stock Recommendations: First Horizon National Corporation (FHN), Target Corporation (TGT)

First Horizon National Corporation (NYSE:FHN) was less active in the last trading session as around 3.77 million shares exchanged hands on Wall Street, representing a decrease from its normal capacity of 3.99 million shares. A 1.13% change after the initial price of $17.69, sent the closing price to $17.85.

First Horizon National Corporation (FHN) Analyst Opinion

First Horizon National Corporation is currently rated as outperform by 19 stock analysts, with the company still having around 3.76% shares outstanding that can be sold short legally. The value of their shares went down by -0.94% last month. Over the course of a year, the stock has fallen by -10.71%. Financial analysts are becoming more bullish than ever, with the 12 analysts who cover the activities of FHN advising investors to buy. Experts on Wall Street have set a price target of $20.39 for the stock. The decision was arrived after looking at their 14.23% gain from current levels. At the moment, First Horizon National Corporation (FHN) trading price is around -14.43% below its 52-week high.

First Horizon National Corporation Earnings Surprise

First Horizon National Corporation (FHN) was successful in overcoming the expected $0.35 as the stock recorded an earnings of $0.36 a piece during their last financial report presentation. Revenue, meanwhile, had a distance of 3.1% from the previous quarter, with the company recording $447.63 million in revenue.

First Horizon National Corporation (NYSE:FHN) Intraday View

The shares of First Horizon National Corporation (NYSE:FHN) have struggled and recovered 12.69% ever since it recorded its 52 week low. During the course of 5 days, the stock price volatility has remained at 1.81%, increasing the time frame to a month, the volatility recorded was 2.18%. The price of their shares has been successful in staying above its 20 days moving average, staying at a distance of 0.99% and while its 50 moving average is around -3.18%. A look at previous five trading sessionFHN stock had returned 0.85% and sank -6.54% when compared to its 200-day moving average that is $18.96. First Horizon National Corporation (FHN) will look to keep its 3.24% increase that it witnessed in the past one year.

As the normal trading session ended, the stock of Target Corporation (NYSE:TGT), fetched in a $1.08 spike to $81.21. The session began with the stock price at $80.19, hitting a high of $81.29 before down again. For the week, analysts seem to be okay with their neutral with the consensus call staying at 2.6. Target Corporation gets 4 buy analyst recommendations while 15 recommend a hold and 0 rated it as a sell. The shares of the company tumbled -0.1% from its high $81.29, with their overall market value now roughly $43.6 billion.

Target Corporation (TGT) Consensus Price Target

The mean recommendation of TGT on Reuter’s scale dropped from 2.65 to 2.6 within 30 days. This figure implies that the majority of analysts rate it as a hold. The price target for Target Corporation (NYSE:TGT) is now around $78.12 a share, implying the stock has what it takes to grow by -3.8%. The recent trading session also indicated the stock needs to add 12.06% more meet analysts’ high consensus price target.

Target Corporation (NYSE:TGT) Intraday Trading

The current trading volume of the company was 3.77 million shares during the last session. That compares with the recent average volume of 4.83 million shares. By the end of the regular trading session, the price volatility over a 1-week span was 1.62 while month stood 1.72%. The stock price of TGT dropped to $80.19 during the day and at a certain time in 12 months it traded as low as $53.90. It has made a 50.67% recovery since its l52-week ow point and has returned 24.46% year-to-date.