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

Tipranks - Wed Jul 22, 7:18PM 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 IREN (IREN).

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Zions Bancorporation National Association (ZION)

In a report released yesterday, 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, an 8.8% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $79.00 price target.

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Ares Management (ARES)

Morgan Stanley analyst Michael Cyprys assigned a Hold rating to Ares Management yesterday and set 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. ;'>

Ares Management has an analyst consensus of Strong Buy, with a price target consensus of $146.40, which is a 21.1% upside from current levels. In a report issued on July 13, BMO Capital also maintained a Hold rating on the stock with a $128.00 price target.

IREN (IREN)

Needham analyst John Todaro maintained a Hold rating on IREN yesterday. The company’s shares closed last Tuesday at $41.29.

According to TipRanks.com, Todaro is a top 100 analyst with an average return of 60.9% and a 61.3% success rate. Todaro covers the Financial sector, focusing on stocks such as Coinbase Global, Riot Platforms, and MARA Holdings. ;'>

IREN has an analyst consensus of Moderate Buy, with a price target consensus of $77.20, which is an 88.7% upside from current levels. In a report issued on July 20, Goldman Sachs also maintained a Hold rating on the stock with a $50.00 price target.

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