Compass Point Downgrades Zions Bancorp to Neutral
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst David Rochester has downgraded Zions Bancorp (NASDAQ:ZION) from Buy to Neutral.
January 08, 2024 | 2:17 pm
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NEGATIVE IMPACT
Zions Bancorp was downgraded by Compass Point analyst David Rochester from Buy to Neutral, which may influence investor sentiment and stock price.
Downgrades by analysts can lead to a negative perception among investors and a potential decrease in stock price in the short term due to reduced confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100