Wells Fargo Lowers Zions Bancorp Price Target to $58

Reported 3 days ago

Wells Fargo has reduced its price target for Zions Bancorp (ZION) from $62 to $58 while maintaining an Equal Weight rating. This adjustment comes ahead of Q1 earnings, amid concerns about policy uncertainties affecting the banking sector. The firm remains optimistic about the banking industry in the long term but has adjusted its Q1 estimates downward by 4%.

Source: YAHOO

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