On July 22, 2025, Jefferies analyst David Chiaverini upgraded Zions Bancorp (ZION, Financial) with a revised assessment that boosted confidence among investors. The change in rating from "Underperform" to "Hold" follows a significant adjustment in the price target for the stock.
Jefferies raised the price target for Zions Bancorp (ZION, Financial) from a previous $45.00 to a new target of $60.00. This adjustment marks a notable 33.33% increase, indicating a more favorable outlook for the company's stock.
Zions Bancorp (ZION, Financial), trading on the NASDAQ, received this upgrade amidst changing market conditions, reflecting an improved sentiment from the financial analysis team at Jefferies. The increased price target suggests potential growth and stability, aligning with the updated "Hold" rating.
Investors and market watchers are now focusing on the strategic developments within Zions Bancorp (ZION, Financial) and how these changes will impact the future financial performance of the company in line with the upgraded projections.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Zions Bancorp NA (ZION, Financial) is $55.36 with a high estimate of $63.00 and a low estimate of $40.00. The average target implies an downside of 2.17% from the current price of $56.59. More detailed estimate data can be found on the Zions Bancorp NA (ZION) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Zions Bancorp NA's (ZION, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Zions Bancorp NA (ZION, Financial) in one year is $51.36, suggesting a downside of 9.24% from the current price of $56.59. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Zions Bancorp NA (ZION) Summary page.