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Analysts Offer Insights on Financial Companies: Charles Schwab (SCHW) and Zions Bancorporation National Association (ZION)

Tipranks - Thu Jan 22, 8:48AM CST

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Charles Schwab (SCHWResearch Report) and Zions Bancorporation National Association (ZIONResearch Report) with bullish sentiments.

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Charles Schwab (SCHW)

In a report released today, Jeff Schmitt from William Blair maintained a Buy rating on Charles Schwab. The company’s shares closed last Wednesday at $103.57.

According to TipRanks.com, Schmitt is a 4-star analyst with an average return of 8.3% and a 69.0% success rate. Schmitt covers the Financial sector, focusing on stocks such as Miami International Holdings, Inc., SEI Investments Company, and Ameriprise Financial. ;'>

Currently, the analyst consensus on Charles Schwab is a Strong Buy with an average price target of $120.18, representing a 19.0% upside. In a report issued on January 15, TipRanks – Google also upgraded the stock to Buy with a $113.00 price target.

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Zions Bancorporation National Association (ZION)

In a report released today, Peter Winter from D.A. Davidson maintained a Buy rating on Zions Bancorporation National Association, with a price target of $75.00. The company’s shares closed last Wednesday at $61.22, close to its 52-week high of $63.22.

According to TipRanks.com, Winter is a 4-star analyst with an average return of 7.3% and a 60.0% success rate. Winter covers the Financial sector, focusing on stocks such as Dime Community Bancshares, Texas Capital Bancshares, and Huntington Bancshares. ;'>

Currently, the analyst consensus on Zions Bancorporation National Association is a Hold with an average price target of $65.65, implying an 11.1% upside from current levels. In a report issued on January 6, Goldman Sachs also maintained a Buy rating on the stock with a $70.00 price target.

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