TD Cowen keeps Hold rating on Zions Bancorp with $69 target
TD Cowen reiterated its Hold rating on Zions Bancorp with a $69 price target, citing a weak quarterly PPNR and execution risks ahead.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
According to TradingView, citing Benzinga, TD Cowen reiterated its Hold rating on Zions Bancorp with a $69 price target. The target implies a 298.8% gain from the October 19 close of $17.30.
The analyst note said the bank's latest quarter fell well short of projections for pre-provision net revenue, driven by weaker net interest income and higher expenses. Analysts see the stock as a show-me story, where management must prove it can sustain growth. Guidance for only 2–4% loan growth, combined with reliance on margin expansion, adds to the uncertainty.
Dow Jones Newswires reported the same rating and target, referencing Benzinga data.
why it matters
The call concerns a single regional lender, so market impact is limited. Still, net interest income and loan growth forecasts matter for the broader US regional bank group, since both depend on the rate path and deposit pricing.
tags
instruments
sources
- TD Cowen reiterates Hold rating on Zions Bancorp, $69 price target — TradingView, 20 October 2026 at 14:12 UTC
- Zions Bancorp Price Target Maintained With a $69.00/Share by TD Cowen — Dow Jones Newswires, 20 October 2026 at 14:22 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗