Zions Bancorporation To Webcast 2016 Biennial Investor Conference
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UBS Cuts Price Target on Zions Bancorp (ZION) as Increased Provision Forecast Pushes Energy Concerns
January 26, 2016 9:10 AM ESTUBS reiterated a Sell rating on Zions Bancorp (NASDAQ: ZION), and cut the price target to $20.00 (from $28.00), following the company's 4Q earnings report. ZION reported 4Q EPS of $0.43, 2c above consensus. ZION guided to roughly $100 million in provision expense for 2016, which equals the... More
Piper Jaffray Cuts Price Target on Zions Bancorp (ZION) Following 4Q Earnings
January 26, 2016 7:30 AM ESTPiper Jaffray maintained a Neutral rating on Zions Bancorp (NASDAQ: ZION), and cut the price target to $26.00 (from $31.00), following the company's 4Q earnings report. The lower price target reflects a decline in value for asset sensitivity in the current economic environment and an increase in estimates for "normalized" provisions. ZION reported an adjusted EPS... More
FBR Capital Remains Bullish Following Zions Bancorp's (ZION) In-Line 4Q
January 26, 2016 7:11 AM ESTFBR Capital reiterated an Outperform rating and $36.00 price target on Zions Bancorp (NASDAQ: ZION) following the company's 4Q earnings report. ZION reported headline earnings of $0.43. This compares to the Street's expectations for $0.41. Following 4Q15 earnings, FBR is lowering FY16 EPS estimates to $2.05 from $2.20 on higher provisions over... More
