TD Cowen lowered the firm’s price target on Zions Bancorp (ZION) to $63 from $64 and keeps a Hold rating on the shares. The firm adjusted bank targets as part of a Q4 earnings preview. TD expects “solid” Q4 reports for the banks with continued balance sheet growth, repricing tailwinds, and a “likely more dovish” Federal Reserve chair in 2026. These “durable tailwinds” should lift bank stocks in 2026, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZION:
- Zions Bancorp price target raised to $63 from $57 at UBS
- Zions Bancorp downgraded to In Line from Outperform at Evercore ISI
- Zions Bancorp price target raised to $70 from $64 at Goldman Sachs
- Zions Bancorp price target raised to $68 from $61 at Barclays
- Zions Bancorporation: Incremental Earnings and Credit Improvements Offset by Valuation and Profitability Constraints, Justifying Hold Rating