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Fly News Breaks for January 5, 2018
VLY
Jan 5, 2018 | 05:43 EDT
Piper Jaffray analyst Matthew Breese upgraded Valley National to Overweight and raised his price target for the shares to $13.50 from $13. The analyst sees a favorable risk/reward setup with the potential for outperformance saying the new CEO "will be laser-focused on improving bottom-line results."
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