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Enter Symbol:
Rating: ZION

Zions Bancorporation (NASDAQ: ZION) upgraded to Buy by Sandler O'Neill

Wednesday,  Aug 5, 2015  10:25 AM ET by Dave Ficere

Sandler O'Neill upgraded Zions Bancorporation (NASDAQ: ZION) to Buy. Previously Sandler O'Neill rated Hold with
price target $22 Zions Bancorporation (NASDAQ: ZION) on 04/05/2010, when the stock price was $22.29. Since then, Zions Bancorporation's stock price has gained 42% as of 08/05/2015's recent price of $31.56.

Zions Bancorporation is a financial holding company. The Company provides a range of banking and related services through its banking and other subsidiaries, primarily in Utah, California, Texas, Arizona, Nevada, Colorado, Idaho, Washington and Oregon. As of December 31, 2008, Zions Bancorporation, together with its subsidiaries, owned and operated eight commercial banks with a total of 513 domestic branches. The Company focuses on providing community-banking services by its core business lines of small, medium-sized business and corporate banking, commercial and residential development, construction and term lending, retail banking, treasury cash management and related products and services, residential mortgage, trust and wealth management and investment activities. The banks provide a variety of commercial and retail banking and mortgage lending products and services.

Sandler O’Neill publishes in-depth equity research on approximately 200 financial services companies. Our analysts cover small-, mid- and large-cap banks and thrifts; specialty finance, asset management, credit card and eFinance companies; investment banks and insurers. __ We also publish frequent special reports on regional trends, industry consolidation, mutual-to-stock conversions, and other topics. Our research is especially valuable to smaller issuers that are not widely followed by “bulge bracket” Wall Street firms. Those issuers often have sufficient trading volume to attract institutional interest, yet lack quality coverage. We track larger issuers as well, providing fresh perspectives, independent thinking and deep industry knowledge.

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