$ZION - ZIONS’ $50M LOAN LOSS SPURS OVERDONE SELL-OFF Zions Bancorp’s $50M loan charge caused a 13% stock drop to $46.93, but analysts say the panic was overblown. Baird upgraded the stock to Outperform with a $65 target, calling the loss a one-off fraud issue, not a systemic risk. Shares rose 4.3% in premarket trading. Raymond James agreed the risk seems contained but flagged rising at-risk loans. Zions reports Q3 earnings Monday.