Valley National Bancorp Preferred Stock Maintains Overweight Recommendation by Cantor Fitzgerald

Cantor Fitzgerald has maintained a "Overweight" recommendation for Valley National Bancorp's preferred stock (VLYPP). The average one-year price target is $29.74/share, representing a 16.69% increase from the current price. The projected annual revenue is $2,452MM, a 43.88% increase. The projected annual non-GAAP EPS is $1.69. There are 7 funds reporting positions in VLYPP, with an average portfolio weight of 0.35%.