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Zions Bancorp price target raised to $65 from $64 at TD Cowen

TD Cowen raised the firm’s price target on Zions Bancorp (ZION) to $65 from $64 and keeps a Hold rating on the shares. The firm said despite a 1Q26 EPS beat on lower provisions and tax, PTPP missed on higher expenses. While the 12-month NII outlook improved with 7-8% year-over-year growth targeted in the no-cut backdrop, delivery requires a pickup in loan growth and continued deposit traction,

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