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Fly News Breaks for September 12, 2019
Sep 12, 2019 | 07:18 EDT
SunTrust analyst Jennifer Demba lowered her price target on Zions Bancorp to $50 after the company reduced its net interest income expectations over the coming 12 months to "slightly decreasing" from "stable" at the Barclays conference earlier this week. The analyst also lowers her FY19 and FY20 EPS views by 3c and 12c to $4.27 and $4.47 respectively but keeps her Buy rating on the stock, saying that better expense control by Zions management should help offset the reductions.
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