Zions Bancorp's Q2 2023 Earnings Exceed Expectations: Analysts Increase Price Targets
Portfolio Pulse from Lekha Gupta
Zions Bancorp NA (NASDAQ:ZION) reported Q2 2023 revenues of $780 million, beating the consensus of $758.5 million. Following the earnings results, many analysts raised the price target of Zions Bancorp. The company's shares are trading higher by 10.1% at $37.96.
July 20, 2023 | 4:50 pm
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Zions Bancorp's Q2 2023 earnings beat expectations, leading to a rise in its stock price and increased price targets by analysts.
Zions Bancorp's better-than-expected Q2 2023 earnings have led to a positive reaction in the market, with the company's stock price increasing. Additionally, several analysts have raised their price targets for the company, indicating a positive outlook for the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100