JP Morgan Maintains Neutral on Valley Ntl, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos maintains a Neutral rating on Valley National Bancorp (NASDAQ:VLY) but lowers the price target from $8.5 to $8.
June 27, 2024 | 3:05 pm
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JP Morgan analyst Steven Alexopoulos maintains a Neutral rating on Valley National Bancorp (NASDAQ:VLY) but lowers the price target from $8.5 to $8.
The lowered price target from $8.5 to $8 by JP Morgan suggests a less optimistic outlook for Valley National Bancorp, which could negatively impact investor sentiment and the stock price in the short term.
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