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Fly News Breaks for June 2, 2015
ZION
Jun 2, 2015 | 09:05 EDT
As previously reported, CLSA upgraded Zions Bancorp two notches to Buy from Underperform and raised its price target to $36. The firm's analyst is positive on Zions new restructuring plan, the new board members, and a new CFO.
News For ZION From the Last 2 Days
ZION
Apr 25, 2024 | 07:20 EDT
ZION
Apr 23, 2024 | 07:15 EDT
ZION
Apr 23, 2024 | 06:46 EDT
UBS lowered the firm's price target on Zions Bancorp to $45 from $47 and keeps a Neutral rating on the shares. While "impressed" by Zions' ability to control deposit costs in a competitive backdrop, the firm thinks the liability sensitive positioning potentially puts the bank in "a precarious spot" in a higher-for-longer rate scenario and coming out of Q1 earnings the firm says it gets the sense that the net interest income trajectory from here is "well understood by the Street."
