Morgan Stanley Upgrades Zions Bancorp to Equal-Weight, Announces $54 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has upgraded Zions Bancorp from Underweight to Equal-Weight, setting a price target of $54.
September 30, 2024 | 10:55 am
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Morgan Stanley has upgraded Zions Bancorp from Underweight to Equal-Weight, with a new price target of $54, indicating a more positive outlook.
The upgrade from Underweight to Equal-Weight by Morgan Stanley suggests a more favorable view of Zions Bancorp's stock, likely leading to positive investor sentiment and potential short-term price increase. The $54 price target provides a specific valuation benchmark.
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