{"id":57164,"date":"2023-09-05T12:54:20","date_gmt":"2023-09-05T16:54:20","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/valley-national-bancorp-upgraded-to-outperform-stock-rises\/"},"modified":"2023-09-05T12:54:23","modified_gmt":"2023-09-05T16:54:23","slug":"valley-national-bancorp-upgraded-to-outperform-stock-rises","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=57164","title":{"rendered":"Valley National Bancorp upgraded to outperform, stock rises"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002469939\" role=\"document\">\n<p>Valley National Bancorp stock<br \/>\n        VLY,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205157666\/composite\" class=\"negative\">-0.26%<\/bg-quote><br \/>\n       was up 4.3% in premarket trades on Tuesday after Hovde Group upgraded the company to outperform from market perform, with a price target of $11.50 a share. While the stock has risen 10% in the last eight trading days, \u201cwe see more room to run at this price level,\u201d said Hovde analyst Nick Cucharale. Hovde expects the company\u2019s net interest income to trough in the third quarter at $417 million with a \u201cmodest rise\u201d in the fourth quarter. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/valley-national-bancorp-upgraded-to-outperform-stock-rises-e42fd2a3?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Valley National Bancorp stock VLY, -0.26% was up 4.3% in premarket trades on Tuesday after Hovde Group upgraded the company to outperform from market perform, with a price target of $11.50 a share. While the stock has risen 10% in the last eight trading days, \u201cwe see more room to run at this price level,\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-57164","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Valley National Bancorp upgraded to outperform, stock rises | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Valley National Bancorp stock VLY, -0.26% was up 4.3% in premarket trades on Tuesday after Hovde Group upgraded the company to outperform from market\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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