Zions Bancorporation (ZION) NewsBite - ZION Upgraded By Soleil
Posted: Monday, November 23, 2009 1:48 PM EDT
Zions Bancorporation (ZION) was upgraded today by analysts at Soleil and the stock is now at $14.50, up $1.95 (15.54%) on volume of 11,245,693 shares traded. The brokerage lifted ZION to Buy from Hold. Over the last 52 weeks the stock has ranged from a low of $5.90 to a high of $31.95. Zions Bancorporation stock has been showing support around $12.24 and resistance in the $13.08 range. Technical indicators for the stock are neutral and S&P gives ZION a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ZION the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 12.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
Click Symbol For More News On:
(ZION)
CLICK HERE: FREE Zions Bancorporation (ZION) Stock ReportSee what our analysts have uncovered about Zions Bancorporation (ZION).
Limited Time Offer: Click here for “FREE PriceWatch Alerts” on leading stocks from Investors Observer. Get the right investing information at the right time. Give yourself EVERY edge in this market GO »