Regional banks across the country have been trying to convince the general public that they’re financially sound.
The uptick comes as JPMorgan predicts the Utah-based financial giant’s stock will do well in coming months.| Updated: 9:21 p.m.
Shares in the Utah-based lending institution had risen to $23.76 as of Friday’s close, a 19.2% jump over Thursday’s closing price. James Abbott, Zions’ director of investor relations, said it’s “extremely rare” for analysts to upgrade from sell to buy.
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