Piper Sandler Maintains Neutral on Valley Ntl, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Frank Schiraldi maintains a Neutral rating on Valley National Bancorp (NASDAQ:VLY) and raises the price target from $9 to $10.
October 25, 2024 | 2:48 pm
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Piper Sandler has maintained a Neutral rating on Valley National Bancorp while increasing the price target from $9 to $10, indicating a slightly positive outlook.
The increase in price target from $9 to $10 suggests a slightly positive outlook for Valley National Bancorp, which could lead to a minor positive impact on the stock price. However, the Neutral rating indicates that the analyst does not expect significant outperformance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100