Baird Downgrades Zions Bancorp to Neutral, Announces $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David George has downgraded Zions Bancorp (NASDAQ:ZION) from Outperform to Neutral and set a price target of $45.

December 15, 2023 | 11:25 am
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Zions Bancorp was downgraded by Baird from Outperform to Neutral with a new price target of $45.
Analyst downgrades typically lead to a negative short-term reaction in the stock price as they suggest a less favorable outlook for the company. The new price target of $45 may also influence market expectations and trading behavior.
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