ZION Crosses Above Average Analyst Target
February 16, 2017 at 09:26 AM EST
In recent trading, shares of Zions Bancorporation (ZION) have crossed above the average analyst 12-month target price of $45.27, changing hands for $45.30/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..