Citigroup recommends selling shares of Zions Bancorp following the stock's rebound yesterday. The firm believes the company's fundamentals remain unchanged and has a $13 price target on shares. :theflyonthewall.com
News For ZION From The Last 14 Days
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Zions Bancorp sell-off a buying opportunity, says Soleil
Soliel believes the recent sell-off in Zions shares is overdone as the firm does not expect the bank to repay TARP funds until it returns to profitability. Soleil expects Zions' analyst day on Thursday to be update and keeps a Buy rating on the stock. :theflyonthewall.com
Zions Bancorp downgraded to Underperform from Market Perform at Keefe Bruyette
Keefe Bruyette downgraded Zions Bancorp on capital raise concerns as it believes the bank may pressured to repay TARP funds in the near-term. The firm has a $16 price target on shares. :theflyonthewall.com
Regional Banks sector upgraded to Neutral from Cautious at Goldman
Goldman upgraded the Regional Bans citing improving credit and margins. As part of the sector change, the firm upgraded SunTrust (STI) to Conviction Buy from Neutral and Zions Bancorporation (ZION) to Neutral from Sell. :theflyonthewall.com
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