The bank now sees 2011 EPS of $0.44, down from $0.48 per share, and 2012 EPS of $1.13, up from $1.12 per share.
First Horizon National has a potential upside of 9% based on a current price of $11.44 and an average consensus analyst price target of $12.47.
Morgan Stanley adjusted its EPS estimates for First Horizon National (NYSE:FHN) and maintained its $13 price target and equal-weight rating.
