Truist Securities Maintains Buy on Zions Bancorp, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jennifer Demba maintains a 'Buy' rating on Zions Bancorp (NASDAQ:ZION) but lowers the price target from $42 to $39.
September 27, 2023 | 4:23 pm
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NEUTRAL IMPACT
Zions Bancorp's price target has been lowered from $42 to $39 by Truist Securities, though the 'Buy' rating is maintained.
The news directly pertains to Zions Bancorp as Truist Securities has lowered its price target for the company. However, the 'Buy' rating is maintained which indicates that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100