Zions Bancorp price target raised to $54 from $45 at Truist

Truist analyst Brandon King raised the firm’s price target on Zions Bancorp to $54 from $45 and keeps a Hold rating on the shares as part of a broader research note recapping Q2 earnings for Regional and Community banks. This was a very positive quarter for Zions with an improved net interest income trajectory, just slightly higher interest bearing deposit costs, and less deposit outflows, the analyst tells investors in a research note.