Zions Bancorp price target raised to $74 from $68 at Evercore ISI
Evercore ISI raised the firm's price target on Zions Bancorp to $74 from $68 and keeps an In Line rating on the shares. Q2 regional bank and specialty finance EPS trends are expected to be solid, but forward guidance will be the key focus given the ongoing higher-for-longer interest rate backdrop, the analyst tells investors in a research note.
Evercore ISI raised the firm's price target on Zions Bancorp to $74 from $68 and keeps an In Line rating on the shares.
Q2 regional bank and specialty finance EPS trends are expected to be solid, but forward guidance will be the key focus given the ongoing higher-for-longer interest rate backdrop, the analyst tells investors in a research note.