Barclays Maintains Underweight on Valley Ntl, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Underweight rating on Valley National Bancorp (NASDAQ:VLY) but raises the price target from $8 to $9.
October 25, 2024 | 6:08 pm
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NEUTRAL IMPACT
Barclays analyst Jared Shaw maintains an Underweight rating on Valley National Bancorp but raises the price target from $8 to $9.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The net impact is neutral as the rating and price target adjustments offset each other.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100