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Fly News Breaks for August 5, 2015
ZION
Aug 5, 2015 | 08:53 EDT
Sandler O'Neill analyst Brad Milsaps upgraded Zions Bancorp to Buy with a $37 price target following meetings with management. The team has a greater sense of urgency to improve its operating performance, Milsaps tells investors in a research note. Further, investors may be under-appreciating the bank's improved risk management profile, he believes.
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."
