Barclays Maintains Underweight on Valley Ntl, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Underweight rating on Valley National Bancorp (NASDAQ: VLY) and lowers the price target from $8 to $7.
June 24, 2024 | 4:49 pm
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Barclays analyst Jared Shaw maintains an Underweight rating on Valley National Bancorp (NASDAQ: VLY) and lowers the price target from $8 to $7.
The Underweight rating and lowered price target from $8 to $7 by Barclays suggest a negative outlook on Valley National Bancorp's stock performance. This is likely to put downward pressure on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100