Zions Bancorp price target raised to $57 from $52 at Truist

Truist raised the firm’s price target on Zions Bancorp (ZION) to $57 from $52 and keeps a Hold rating on the shares after its Q3 earnings beat. The firm also forecasts the bank’s net interest income increasing sequentially beyond Q1 as continued asset repricing and lower funding costs benefit its net interest margin, the analyst tells investors in a research note.