Wells Fargo Maintains Equal-Weight on Zions Bancorp, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Mike Mayo has maintained an Equal-Weight rating on Zions Bancorp but has lowered the price target from $52 to $50.
August 21, 2024 | 1:45 pm
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Wells Fargo has maintained its Equal-Weight rating on Zions Bancorp but reduced the price target from $52 to $50, indicating a slightly less optimistic outlook.
The lowering of the price target by Wells Fargo suggests a slightly less optimistic view on Zions Bancorp's future performance, which could lead to a short-term negative impact on the stock price.
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IMPORTANCE 80
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