Morgan Stanley Maintains Underweight on Zions Bancorp, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ken Zerbe maintains an Underweight rating on Zions Bancorp (NASDAQ:ZION) but raises the price target from $42 to $54.
August 05, 2024 | 5:36 pm
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NEUTRAL IMPACT
Morgan Stanley analyst Ken Zerbe maintains an Underweight rating on Zions Bancorp but raises the price target from $42 to $54.
The Underweight rating suggests a cautious outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100