Wedbush Maintains Neutral on Valley Ntl, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has maintained a Neutral rating on Valley National Bancorp (NASDAQ:VLY) but has lowered the price target from $12 to $11.
January 26, 2024 | 1:42 pm
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Wedbush analyst David Chiaverini maintains a Neutral rating on Valley National Bancorp but reduces the price target from $12 to $11.
The reduction in the price target by Wedbush suggests a potential downside or limited upside for Valley National Bancorp's stock price in the short term. This could lead to negative investor sentiment and a possible decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100