Zions Bancorp price target lowered to $41 from $44 at Evercore ISI

Evercore ISI lowered the firm’s price target on Zions Bancorp to $41 from $44 and keeps an Outperform rating on the shares. The firm hosted an investor meeting with Zions last week and came away “incrementally positive on the shares.” The company’s tone was “conservative but constructive,” says the analyst, who lowered the firm’s price target to reflect a recent drop in sector valuations.