Wells Fargo Maintains Equal-Weight on Zions Bancorp, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Mike Mayo has maintained an Equal-Weight rating on Zions Bancorp (NASDAQ:ZION) and increased the price target from $32 to $36.
December 14, 2023 | 5:46 pm
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POSITIVE IMPACT
Wells Fargo analyst Mike Mayo reaffirmed an Equal-Weight rating on Zions Bancorp and raised the price target to $36, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Mike Mayo suggests a positive sentiment towards Zions Bancorp's stock performance in the short term. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100