BofA analyst Brandon Berman raised the firm’s price target on Zions Bancorp (ZION) to $62 from $60 and keeps an Underperform rating on the shares. Mid-cap bank results were “marginally better-than-expected,” primarily on higher revenue, and stocks were rewarded where there were positive EPS revisions, the analyst tells investors in a recap on the group’s Q4 reports.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZION:
- Zions Bancorporation Q4 Earnings Call: Balancing Growth and Challenges
- Zions Bancorp price target raised to $63 from $61 at RBC Capital
- Zions Bancorp price target raised to $69 from $66 at DA Davidson
- Zions Bancorp price target raised to $64 from $62 at Stephens
- Zions Bancorp price target raised to $70 from $65 at Keefe Bruyette
Questions or Comments about the article? Write to editor@tipranks.com