Baird Raises Rating on Zions Bancorporation (ZION)

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On October 17, 2025, Baird upgraded Zions Bancorporation, National Association (NasdaqGS: ZION) from a “Neutral” to an “Outperform” rating, projecting a 32.47% upside for the stock, which is currently priced at $46.93 per share. The average one-year price target is estimated at $62.17, with a range from $55.55 to $72.45.

As of September 30, 2025, Zions Bancorporation is expected to generate annual revenue of $3.703 billion, reflecting a 16.67% increase, with a projected non-GAAP earnings per share (EPS) of 7.36. Institutional ownership stands at 142.764 million shares, an increase of 2.02% quarter-over-quarter, with 972 funds currently holding positions in the company, a slight decrease of 0.51%.

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