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Enter Symbol:
 
First Tennessee National Corporation (FHN) [hlAlert]

Rating:
Underperform
FHN
down 24.86 %

First Tennessee National Corporation (FHN) downgraded to Underperform by Wells Fargo

Posted on: Tuesday,  Jun 18, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Underperform First Tennessee National Corporation (NYSE: FHN) on 06/18/2013, when the stock price was $10.82.
Since then, First Tennessee National Corporation has gained 33.09% as of 01/05/2016's recent price of $14.40.
If you would have followed this Wells Fargo's recommendation on FHN, you would have lost 24.86% of your investment in 931 days.

First Horizon National Corporation (Corporation) is a bank holding company. Through its financial subsidiary, First Tennessee Bank National Association (the Bank) and its other banking-related subsidiaries, the Corporation provides diversified financial services. The Company operates in five business segments: regional banking, capital markets, national specialty lending, mortgage banking and corporate. During the year ended December 31, 2008, the Company?s subsidiaries had over 200 business locations in 15 states of the United States, Hong Kong, and Tokyo. In 2008, the Bank had 202 financial center bank branch locations in three states: 191 branches in 17 Tennessee counties, two branches in Georgia and nine branches in Mississippi. Financial center bank branches provide a range of banking services. The Bank also has off-premises automated teller machines (ATMs) and support offices in its banking markets, and offices associated with its headquarters in Memphis, Tennessee.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/18/2013 8:25 AM Sell
None
10.82
as of 12/13/2013
1 Week up  0.88 %
1 Month down  -0.17 %
3 Months up  0.62 %
1 YTD down  -3.60 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2009 8:25 AM Hold
None
13.76

(*) Stock Price at the time of the recommendation.
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