Morgan Stanley Upgrades Valley National to Overweight with $11 Price Target
ByAinvest
Friday, Jul 4, 2025 6:37 pm ET1min read
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Morgan Stanley upgraded Valley National (VLY) to Overweight from Equal Weight with a price target of $11, citing balance sheet improvement and earnings growth. The bank has taken actions to lower commercial real estate concentration and build capital, but the analyst believes the valuation does not reflect these efforts.
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