JP Morgan Downgrades Zions Bancorp to Neutral
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Steven Alexopoulos has downgraded Zions Bancorp (NASDAQ:ZION) from Overweight to Neutral.
July 24, 2023 | 11:18 am
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NEGATIVE IMPACT
Zions Bancorp has been downgraded from Overweight to Neutral by JP Morgan, which could potentially impact the stock's performance.
Analyst ratings often influence the market's perception of a stock. A downgrade from Overweight to Neutral by a major institution like JP Morgan could lead to a negative sentiment around Zions Bancorp, potentially causing a short-term decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100