JP Morgan Maintains Neutral on Zions Bancorp, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos maintains a Neutral rating on Zions Bancorp and lowers the price target from $58 to $54.

October 09, 2024 | 8:39 pm
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JP Morgan has maintained a Neutral rating on Zions Bancorp but lowered the price target from $58 to $54, indicating a less optimistic outlook.
The lowering of the price target by JP Morgan suggests a less optimistic view on Zions Bancorp's future performance, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100