Wells Fargo Maintains Equal-Weight on Zions Bancorp, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Mike Mayo has maintained an Equal-Weight rating on Zions Bancorp and raised the price target from $50 to $54.
October 22, 2024 | 3:22 pm
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POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Zions Bancorp while increasing the price target from $50 to $54, indicating a positive outlook.
The increase in price target from $50 to $54 by Wells Fargo suggests a positive outlook for Zions Bancorp, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100