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Fly News Breaks for January 23, 2018
ZION
Jan 23, 2018 | 08:03 EDT
BMO Capital analyst Lana Chan raised her price target on Zions Bancorp and kept her Market Perform rating following Q4 earnings. Chan says the update on expected tax rate changes boosts her EPS view by 15%, adding that the bank's credit is also a potential positive with energy-related lending anticipated to improve further. The analyst also notes that loan growth for Zions Bancorp will be above industry average going into 2018.