Truist analyst David Smith raised the firm’s price target on Zions Bancorp (ZION) to $64 from $63 and keeps a Hold rating on the shares as part of a broader research note previewing Q1 for SMID-cap banks. The firm has increased its FY27 net interest income estimate by 2% from its prior model to reflect the higher rate outlook, the analyst tells investors in a research note.
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Read More on ZION:
- Zions Bancorp price target lowered to $63 from $64 at BofA
- Zions Bancorp price target lowered to $63 from $68 at Evercore ISI
- Zions Bancorp price target lowered to $62 from $65 at Piper Sandler
- Zions Bancorp price target lowered to $62 from $68 at JPMorgan
- Zions Bancorp price target lowered to $68 from $75 at Morgan Stanley
