Zions Bancorp Gears Up For Q4 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Zions Bancorporation ZION is expected to release earnings results for its fourth quarter, after the closing bell on Jan. 22, 2024.

Analysts expect the company to report quarterly earnings at 99 cents per share, down from year-ago earnings of $1.84 per share. The company is projected to post revenue of $756.61 million for the latest quarter, compared to $873 million in the year-earlier period, according to Benzinga Pro.

Zions Bancorp, during October, reported mixed financial results for the third quarter.

Zions Bancorp shares gained 2.7% to close at $41.62 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Truist Securities analyst Jennifer Demba downgraded the stock from Buy to Hold with a price target of $46 on Jan. 5, 2024. This analyst has an accuracy rate of 77%.
• Baird analyst David George downgraded the stock from Outperform to Neutral with a price target of $45 on Dec. 15, 2023. This analyst has an accuracy rate of 71%.
• Wells Fargo analyst Mike Mayo maintained an Equal-Weight rating and increased the price target from $32 to $36 on Dec. 14, 2023. This analyst has an accuracy rate of 66%.
• Citigroup analyst Keith Horowitz downgraded the stock from Buy to Neutral with a price target of $37 on Nov. 21, 2023. This analyst has an accuracy rate of 74%.
• JP Morgan analyst Steven Alexopoulos maintained a Neutral rating and raised the price target from $38 to $40 on Oct. 5, 2023. This analyst has an accuracy rate of 63%.

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