RBC Capital Maintains Sector Perform on Zions Bancorp, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom maintains a Sector Perform rating on Zions Bancorp (NASDAQ:ZION) and raises the price target from $32 to $37.
July 20, 2023 | 11:55 am
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POSITIVE IMPACT
Zions Bancorp's price target has been raised from $32 to $37 by RBC Capital, maintaining a Sector Perform rating.
The news of RBC Capital raising the price target for Zions Bancorp from $32 to $37 while maintaining a Sector Perform rating is likely to have a positive impact on the stock in the short term. This is because it signals the analyst's increased confidence in the company's performance, which could influence investors to buy the stock, potentially driving up its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100