Truist Securities Maintains Hold on Zions Bancorp, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Zions Bancorp while lowering the price target from $54 to $52.
September 20, 2024 | 4:24 pm
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NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on Zions Bancorp and reduced the price target from $54 to $52, indicating a cautious outlook.
The Hold rating suggests that the analyst does not see significant upside potential in the short term. The lowered price target from $54 to $52 indicates a more conservative outlook on the stock's performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100