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Goldman Sachs disclosed Zions Bancorporation (NDAQ:ZION), bumping down its price target to $44.00 earlier today

Reporting a potential upside of 0.07%, Goldman Sachs dropped the price target of Zions Bancorporation (NDAQ:ZION) to $44.00

Having a price of $40.97, Zions Bancorporation (NDAQ:ZION) traded -0.79% lower on the day. With the last stock price down 7.02% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. ZION has recorded a 50-day average of $45.42 and a two hundred day average of $43.35. Trade Volume was up over the average, with 2,156,925 shares of ZION changing hands over the typical 2,141,300

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Zions Bancorporation (NDAQ:ZION)

Zions Bancorporation has price-earnings ratio of 18.47 with a one year low of $30.85 and a one year high of $48.33 and has a total market value of $0.

A total of 26 analysts have released a research note on Zions Bancorporation. Five analysts rating the company a strong buy, eleven analysts rating the company a buy, eleven analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $29.46.

More About Zions Bancorporation (NDAQ:ZION)

Zions Bancorporation is a financial holding company. The Company conducts its banking operations through separately managed and branded segments, including Zions Bank, Amegy Bank, California Bank & Trust, National Bank of Arizona, Nevada State Bank (NSB), Vectra Bank Colorado, The Commerce Bank of Washington (TCBW) and Other. It focuses on providing community banking services through its business lines, including small and medium-sized business and corporate banking; commercial and residential development, construction and term lending; retail banking; treasury cash management and related products and services; residential mortgage servicing and lending; trust and wealth management; limited capital markets activities, including municipal finance advisory and underwriting, and investment activities. It provides a range of banking and related services, primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming.

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