Keefe, Bruyette & Woods Downgrades Valley Ntl to Market Perform, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has downgraded Valley National (NASDAQ: VLY) from Outperform to Market Perform and lowered the price target from $12 to $8.
May 31, 2024 | 11:07 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Keefe, Bruyette & Woods downgraded Valley National (NASDAQ: VLY) from Outperform to Market Perform and reduced the price target from $12 to $8.
The downgrade from Outperform to Market Perform and the significant reduction in the price target from $12 to $8 by Keefe, Bruyette & Woods is likely to negatively impact investor sentiment and the short-term stock price of Valley National.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100