Truist Securities Maintains Buy on Zions Bancorp, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has maintained a 'Buy' rating on Zions Bancorp (NASDAQ:ZION) but lowered the price target from $39 to $34.
October 23, 2023 | 5:39 pm
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NEUTRAL IMPACT
Zions Bancorp's price target has been lowered from $39 to $34 by Truist Securities, though the 'Buy' rating is maintained.
The news directly pertains to Zions Bancorp as its price target has been lowered by Truist Securities. 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