Wedbush Maintains Neutral on Zions Bancorp, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini maintains a Neutral rating on Zions Bancorp and raises the price target from $52 to $55.
October 22, 2024 | 2:53 pm
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Wedbush has maintained a Neutral rating on Zions Bancorp but increased the price target from $52 to $55, indicating a slightly more positive outlook.
The increase in the price target from $52 to $55 suggests a slightly more optimistic view on Zions Bancorp's future performance, which could positively influence investor sentiment in the short term. However, the Neutral rating indicates that the analyst does not foresee significant outperformance relative to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100