TD Cowen cuts target for Zions Bancorp stock to USD 69.00
Published on 10/08/2026 at 22:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- TD Cowen lowered its Zions Bancorp target from USD 73.00 to USD 69.00 on October 5, 2026 and kept a Hold rating.
- Second-quarter adjusted earnings per share reached USD 1.74 versus USD 1.57 consensus, while revenue was USD 1.14 billion.
- Zions Bancorp stock was trading at EUR 55.75 at Lang & Schwarz on October 8, 2026, plus 0.45 percent versus EUR 55.50.
TD Cowen cut its Zions Bancorp target from USD 73.00 to USD 69.00 on October 5, 2026, while keeping a Hold rating, according to MarketBeat. Zions Bancorp stock was trading at EUR 55.75 at Lang & Schwarz on October 8, 2026, plus 0.45 percent versus the prior close of EUR 55.50.
TD Cowen lowers its target
The revised USD 69.00 target remains above the October 8 Nasdaq reference price of USD 62.73, but the target cut narrows the valuation cushion described by the analyst action. MarketBeat reported that the Hold rating was maintained and that the previous target had been USD 73.00.
The bank's second-quarter performance was stronger than the headline target revision suggests. MarketBeat reported adjusted earnings per share of USD 1.74 for the second quarter of 2026, above the USD 1.57 consensus, while revenue reached USD 1.14 billion, up 35.7 percent from the prior-year quarter.
What does the target cut change?
The central counterweight is the quality of the latest earnings comparison. The same MarketBeat report said revenue rose 35.7 percent year over year and that adjusted earnings per share exceeded consensus by USD 0.17. It also reported a USD 75.00 million share repurchase authorization dated July 30, 2026.
Three dated signals for Zions
On July 20, 2026, Zions reported second-quarter adjusted earnings per share of USD 1.74 against USD 1.57 consensus and revenue of USD 1.14 billion, according to MarketBeat. On July 30, 2026, the company authorized a USD 75.00 million buyback, the report said. On October 5, 2026, TD Cowen lowered its target from USD 73.00 to USD 69.00 and retained Hold.
Next date is October 19
finanzen.at reported on October 4, 2026 that Zions is expected to present results for the quarter ended September 30, 2026 on October 19, 2026. The cited consensus calls for USD 1.66 earnings per share from 20 analysts and USD 889.80 million revenue from 17 analysts.
Stock remains below its yearly high
Zions Bancorp's 52-week range was USD 46.19 to USD 73.34, while market capitalization stood at USD 9.2 billion as of October 8, 2026. The range places the latest Nasdaq quote below the yearly high, while the Lang & Schwarz euro quote provides the relevant German investor reference.
The further course of trading is shown by the continuously updated real-time quote of Zions Bancorp stock.
Zions Bancorp stock facts
- Company: Zions Bancorporation, National Association
- ISIN: US9897011071
- Ticker: ZION
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 8, 2026: EUR 55.75
- Change versus prior close: plus 0.45 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 55.50
- Market capitalization: USD 9.2 billion (as of October 8, 2026)
- 52-week range: USD 46.19-73.34 (as of October 8, 2026)
- Sector / Industry: Financial Services / Banks - Regional
Market context: Market report S&P 500.
