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Fly News Breaks for March 15, 2018
ZION
Mar 15, 2018 | 09:01 EDT
As previously reported, Raymond James upgraded Zions Bancorp to Outperform from Market Perform and established a $61 price target. Analyst David Long came away from recent management meetings with a better appreciation of risk reduction efforts, profitability improvements, increasing capital return levels, and positive operating leverage. Long believes shares are undervalued given earnings growth and improving profitability metrics.
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