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Fri, May 31, 2024

Michael Perito Downgraded (VLY) to Hold and Decreased Target to $8 on, May 31st, 2024


Published on 2024-10-28 11:44:24 - WOPRAI, Michael Perito
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Michael Perito of Keefe, Bruyette & Woods, Downgraded "Valley National Bancorp" (VLY) to Hold and Decreased Target from $12 to $8 on, May 31st, 2024.

Michael has made no other calls on VLY in the last 4 months.



There are 6 other peers that have a rating on VLY. Out of the 6 peers that are also analyzing VLY, 3 agree with Michael's Rating of Hold. Following are those relevant analyst calls for the last 4 months


  • David Chiaverini of "Wedbush" Reiterated at Hold and Held Target at $8 on, Wednesday, May 22nd, 2024
  • Steven Alexopoulos of "JP Morgan" Maintained at Hold with Decreased Target to $9 on, Thursday, April 4th, 2024
  • Ben Gerlinger of "Citigroup" Maintained at Hold with Decreased Target to $8.5 on, Wednesday, March 13th, 2024


These are the ratings of the 3 analyists that currently disagree with Michael


  • Steven Duong of "RBC Capital" Maintained at Buy with Decreased Target to $10 on, Tuesday, April 9th, 2024
  • Jared Shaw of "Barclays" Initiated at Sell and Held Target at $8 on, Friday, March 8th, 2024
  • Manan Gosalia of "Morgan Stanley" Maintained at Sell with Increased Target to $9 on, Wednesday, February 7th, 2024

Contributing Sources