U.S. regional bank stocks creep higher in skittish trading
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BofA reinstates First Horizon National and Western Alliance at Buy on attractive risk/reward
May 16, 2023 10:29 AM EDTBofA analyst Ebrahim Poonawala resumed First Horizon National (NYSE: FHN) and Western Alliance Bancorporation (NYSE: WAL) with Buy ratings in separate notes on Tuesday.
The analyst assigned First Horizon with a $14 per share price target, stating they resumed the rating following the termination of its announced merger with TD Bank (TD).
"While we are... More
