BofA raised the firm’s price target on Zions Bancorp to $38 from $34 and keeps an Underperform rating on the shares. The firm believes that the increased expectations for Fed rate cuts should drive bank stocks higher.
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Read More on ZION:
- Zions Bancorp downgraded to Neutral from Buy at Citi
- Zions Bancorp price target raised to $40 from $34 at Truist
- Zions Bancorp price target lowered to $38 from $43 at Argus
- Zions Bancorp price target lowered to $34 from $39 at Truist
- Zions Bancorp price target lowered to $29 from $34 at Piper Sandler