Janney Montgomery Scott downgraded shares of Zions Bancorporation, National Association ( NASDAQ:ZION – Get Rating ) from a buy rating to a neutral rating in a research note released on Thursday morning, The Fly reports. The brokerage currently has $35.00 target price on the bank's stock. Several other research analysts also recently commented on ZION. Royal Bank of Canada lowered their price objective on shares of Zions Bancorporation, National Association from $40.00 to $34.00 in a research report on Wednesday.

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