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ZION
Benzinga
28 days

Zions Bancorp Analysts Increase Their Forecasts After Upbeat Q2 Earnings

1. Zions Bancorporation reported Q2 earnings of $1.63 per share, exceeding estimates. 2. Sales of $838 million also beat consensus estimates of $810.38 million. 3. CEO Harris Simmons highlighted strong financial results with a 27% EPS increase. 4. Analysts raised price targets, indicating positive outlook for ZION's stock. 5. Shares increased by 0.9% to trade at $57.07 post-earnings.

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FAQ

Why Bullish?

Analysts' upgrades and positive earnings demonstrate strong financial health, reminiscent of past successful quarters.

How important is it?

The earnings report directly influences investor sentiment and expectations surrounding ZION.

Why Short Term?

Immediate analyst upgrades and positive earnings can boost stock demand quickly.

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