Zions Bancorp (ZION) Tops Q2 EPS by 3c
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Jefferies Raises Price Target on Zions Bancorp (ZION) to $31 Following 2Q; Reiterates Hold
July 27, 2016 9:59 AM EDTJefferies reiterated a Hold rating on Zions Bancorp (NASDAQ: ZION), and raised the price target to $31.00 (from $26.00), following the company's 2Q earnings report. ZION provisioned $34mm against $38mm of NCOs in 2Q, beating expectations with NCOs almost entirely driven by energy.
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