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Fly News Breaks for February 4, 2020
VLY
Feb 4, 2020 | 09:19 EDT
As previously reported, Stephens analyst Matt Breese upgraded Valley National to Overweight from Equal Weight with a price target of $12.00, down from $12.50. He views the company's outlook for 2020-2021 as "solid," given expectations for NIM expansion, continued mid-single-digit loan growth, expense discipline and continued ROA improvement, Breese tells investors.
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