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Wells Fargo Maintains Zions Bancorp(ZION.US) With Hold Rating, Maintains Target Price $44
Wells Fargo analyst Mike Mayo maintains $Zions Bancorp(ZION.US)$ with a hold rating, and maintains the target price at $44.According to TipRanks data, the analyst has a success rate of 67.2% and a tot
Morgan Stanley Maintains Zions Bancorp(ZION.US) With Sell Rating, Cuts Target Price to $39
Morgan Stanley analyst Manan Gosalia maintains $Zions Bancorp(ZION.US)$ with a sell rating, and adjusts the target price from $40 to $39.According to TipRanks data, the analyst has a success rate of 5
Zions Bancorporation National Association (NASDAQ:ZION) Shareholders Have Earned a 61% Return Over the Last Year
If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than that by picking better than average stocks (as part of a diversified portfolio).
After the Federal Reserve's stress test, major Wall Street banks increased dividends and stock buybacks.
On Friday, the US banking industry announced an increase in dividend payouts, such as JPMorgan's plans to buy back $30 billion in stocks and Morgan Stanley receiving approval to buy back as much as $20 billion in stocks. Overnight on Friday, bank stocks rose across the board, with Citigroup rising 3.1% and Wells Fargo & Co. rising 3.43%.
Moody's said that interest rate cuts can alleviate the plight of the banking industry in the United States.
Many problems in the American banking industry depend on the direction of Federal Reserve interest rates.
Morgan Stanley responds to the Federal Reserve's rare optimism over the stress test results.
Banks complain that some aspects of the Federal Reserve's annual stress tests are opaque and it is difficult to understand how certain results are obtained.