Compass Point Maintains Neutral on Zions Bancorp, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst David Rochester maintains a Neutral rating on Zions Bancorp (NASDAQ:ZION) but raises the price target from $49 to $54.
October 23, 2024 | 6:01 pm
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Compass Point has maintained a Neutral rating on Zions Bancorp but increased the price target from $49 to $54, indicating a positive outlook.
The increase in price target from $49 to $54 suggests a positive outlook for Zions Bancorp, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100