UPDATE: DA Davidson Reiterates Buy on Zions Bancorporation on Improving Fundamentals

DA Davidson reiterated its Buy rating and $26 price target on Zions Bancorporation (NASDAQ: ZION ) as fundamentals improve and upside finds support through 2013 catalysts. DA Davidson commented, "Despite strong performance year-to-date (ZION shares +22.9% vs. Nasdaq Bank Index +10.6%), we believe ZION shares have additional upside from