DA Davidson raises Zions Bancorp stock price target on earnings beat
DA Davidson raised its price target for Zions Bancorp (ZION) to $80 from $79, citing an earnings beat driven by provision benefits. The bank reported core EPS of $1.73, exceeding forecasts. ZION trades at a P/E of 8.05 and PEG of 0.17. Six analysts revised earnings upwards. The bank projects 8%-12% net interest income growth. Q3 2026 EPS was $1.78, beating estimates, but revenue missed forecasts. Jefferies lowered its target to $75.
How this was made
The 30-second read
Why it matters
The earnings beat and target raise provide a fresh catalyst for the stock, likely prompting buying interest.
Market read
The new earnings data and analyst upgrade create short‑term buying opportunity for ZION.
What to watch
Potential pressure from net interest margin compression could limit upside.
Background
Zions Bancorp reported Q3 2026 earnings with EPS $1.73 beating forecasts, while revenue missed estimates. Analyst DA Davidson raised its price target by $1.
Ticker impact
DA Davidson raised its price target on Zions Bancorp to $80 after the bank reported an earnings beat of $1.73 EPS.
likely upward pressure as the market prices in the higher target and earnings beat
The price‑target raise and better‑than‑expected EPS provide a fresh catalyst for buying interest.
Market effects
Positive earnings beat may lift regional banking peers.
U.S. banking sector could see modest gains in early trade.
Limited to U.S. financial markets.
Counterpoint
If the earnings beat is already priced in, the target raise may not translate into further upside.
Key entities
- companyZions Bancorp
U.S. regional bank (NASDAQ:ZION) reporting earnings beat.
- analystDA Davidson
Research firm that raised the price target on ZION.



