Zions Bancorp (ZION): Upgrading to Outperform, see $40-45/share value – Credit Suisse

Credit Suisse’s U.S. Regional banking team is out with some positive comments on Las Vegas commercial real estate following meeting with a host of industry professionals. - Firm is upgrading Zions Bancorp (NASDAQ:ZION) to Outperform with $32 price target (prev. $26) noting they believe the stock will trade up to $40-$45 or roughly 12x by [...]