Morgan Stanley Maintains Equal-Weight on Zions Bancorp, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ken Zerbe maintains an Equal-Weight rating on Zions Bancorp and raises the price target from $54 to $56.
October 22, 2024 | 5:28 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on Zions Bancorp while increasing the price target from $54 to $56, indicating a slightly positive outlook.
The increase in price target from $54 to $56 by Morgan Stanley suggests a slightly positive outlook for Zions Bancorp. Maintaining the Equal-Weight rating indicates that the stock is expected to perform in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100