Zions Bancorp price target raised to $52 from $43 at Compass Point

Compass Point raised the firm’s price target on Zions Bancorp to $52 from $43 and keeps a Neutral rating on the shares. The firm is adjusting its FY24 core EPS higher to $4.63 from $4.43, mainly reflecting higher core net interest income and margin and lower provision, partially offset by modestly higher expenses and lower fee income.