Zions Bancorporation N.A, headquartered in Salt Lake City, Utah since 1873, is a key financial institution serving businesses and individuals across states like Arizona, California, and Texas, among others. With a network of regional banks, including Zions Bank and Amegy Bank, it offers a wide range of services from commercial and small business banking to wealth management. Zions caters to the needs of small- to medium-sized businesses with products like loans, leasing, and cash management, while also providing personal banking services such as mortgages and consumer loans.
Diamondback Energy is paying out $309 million to shareholders on August 20, at $1.10 a share, the biggest cash payment of today's group. Oil and gas names take three of the top five spots, with Smithfield Foods and Zions Bancorporation rounding out the list.
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These are the top analyst upgrades, downgrades, and initiations seen before markets opened on Wednesday, July 12, 2023.
Friday's top analyst upgrades and downgrades included Accenture, Alphabet, Bill, BlackRock, Corning, Diageo, Domino's Pizza, Emerson Electric, FedEx, Intuit, Kohl's, Plug Power and Zions Bancorp.
Tuesday's top analyst upgrades and downgrades included Apple, Azul, Conagra Brands, Corteva, CSX, Deere, DraftKings, Foot Locker, Intuit, KeyCorp, Nike, Salesforce, Take-Two Interactive Software, Union Pacific and Zions Bancorp.
Monday's top analyst upgrades and downgrades included Apple, Atlassian, Block, CF Industries, Comerica, DraftKings, Exact Sciences, Global Payments, Kellogg, Mobileye Global, Shopify, VFC and Zions Bancorp.
Investors got something they expected from the Federal Reserve on Wednesday, but there could be a hitch down the road. And regional banks have hit another serious headwind.
Thursday's top analyst upgrades and downgrades included Amgen, Arista Networks, Bloom Energy, ConocoPhillips, Fastenal, Livent, On Holding, Palo Alto Networks, SLM, UnitedHealth, Vici Properties and Zions Bancorp.
The monthly PCE report is due out before markets open on Friday. Alt energy truck maker Nikola is raising $100 million from a sale of freshly printed common stock, and Facebook may…
Tech megacaps, led by Netflix, led the Nasdaq to a positive close Thursday, while regional banks and a short seller report on Jack Dorsey's Block weighed.
Shares of regional banks took a beating on Monday, but, having survived the day, appeared to be making a partial recovery in premarket trading on Tuesday.
