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Analysts Offer Insights on Financial Companies: Zions Bancorporation National Association (ZION), Ares Management (ARES) and Wells Fargo (WFC)

Tipranks - Wed Jul 22, 6:46PM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Zions Bancorporation National Association (ZION), Ares Management (ARES) and Wells Fargo (WFC).

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Zions Bancorporation National Association (ZION)

In a report released today, Manan Gosalia from Morgan Stanley maintained a Buy rating on Zions Bancorporation National Association, with a price target of $77.00. The company’s shares closed last Tuesday at $69.05.

According to TipRanks.com, Gosalia is a 4-star analyst with an average return of 8.9% and a 60.3% success rate. Gosalia covers the Financial sector, focusing on stocks such as Valley National Bancorp, Bank of New York Mellon, and Huntington Bancshares. ;'>

Zions Bancorporation National Association has an analyst consensus of Hold, with a price target consensus of $74.00, which is an 8.8% upside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $79.00 price target.

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Ares Management (ARES)

In a report released today, Michael Cyprys from Morgan Stanley assigned a Hold rating to Ares Management, with a price target of $160.00. The company’s shares closed last Tuesday at $120.78.

According to TipRanks.com, Cyprys is a 3-star analyst with an average return of 1.4% and a 49.2% success rate. Cyprys covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Acadian Asset Management. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ares Management with a $146.40 average price target, representing a 21.1% upside. In a report issued on July 13, BMO Capital also maintained a Hold rating on the stock with a $128.00 price target.

Wells Fargo (WFC)

In a report issued on July 16, Stephen Biggar from Argus Research maintained a Buy rating on Wells Fargo. The company’s shares closed last Tuesday at $87.74.

According to TipRanks.com, Biggar is a 5-star analyst with an average return of 16.5% and a 69.1% success rate. Biggar covers the Financial sector, focusing on stocks such as Apollo Global Management, Royal Bank Of Canada, and American Express. ;'>

Wells Fargo has an analyst consensus of Moderate Buy, with a price target consensus of $99.96, a 15.3% upside from current levels. In a report issued on July 14, TipRanks – PerPlexity also upgraded the stock to Buy with a $101.00 price target.

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