Morgan Stanley Adjusts Outlook on Valley National Bancorp
Company Receives Equal Rating
Analysts Offer Price Forecasts
On August 5, 2024, Morgan Stanley upgraded its outlook for Valley National Bancorp (NASDAQ: VLY) from "underweight" to "equal."
This adjustment follows Valley National's third-quarter earnings report, which met Zacks' estimates.
Valley National Bancorp, a bank and financial holding company, received a median target price of $9.96 from 35 analysts offering price forecasts.
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