, Tracking Stock Market Picks
Enter Symbol:
Rating: ZION
Sell $20
up 26.00 %

Zions Bancorporation (NASDAQ: ZION) reiterated to Sell with price target $20 by UBS

Tuesday,  Jan 26, 2016  1:25 PM ET by Betsy O'Brien Harrison

UBS reiterated Zions Bancorporation (NASDAQ: ZION) to Sell with price target $20. Previously UBS reiterated Zions Bancorporation (NASDAQ: ZION) to Sell with price target
$27 on 06/01/2015, when the stock price was $28.73. Since then, Zions Bancorporation's stock price has lost 26% as of 01/26/2016's recent price of $21.31.
If you would have followed the previous UBS's recommendation on ZION, you would have gained 26% of your investment in 239 days.

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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.

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