Truist Securities Maintains Buy on Zions Bancorp, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has reaffirmed a Buy rating on Zions Bancorp (NASDAQ:ZION) and increased the price target from $40 to $51.
December 15, 2023 | 5:01 pm
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POSITIVE IMPACT
Truist Securities analyst Brandon King maintains a Buy rating on Zions Bancorp and raises the price target from $40 to $51, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a strong conviction in the future performance of Zions Bancorp. This endorsement from a reputable analyst is likely to instill confidence in investors and could lead to a short-term increase in the stock price as the market reacts to the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100