JP Morgan Says Economy Slowing Fast: 5 High-Yield Value Stock Fall Buys
These five J.P. Morgan stock picks offer growth and income investors big and reliable dividends.
Headquartered in Morristown, NJ Fiscal year ends December NASDAQ: VLY valley.com
Valley National Bancorp (NASDAQ: VLY) is the holding company for Valley National Bank, a regional financial institution with over $66 billion in assets. Founded in 1927, Valley operates more than 220 branch locations and commercial offices across New Jersey, New York, Florida, Alabama, California, Illinois, Pennsylvania, and Arizona. The bank provides a full range of consumer, commercial, and wealth management solutions, including C&I lending, commercial real estate financing, residential mortgages, consumer loans, deposit products, capital markets services, insurance, treasury management, and trust and wealth advisory services. Valley has strategically diversified its geographic footprint and business mix beyond its Northeast roots, with roughly half of commercial loans now originated outside New York and New Jersey. The company serves approximately 545,000 consumer deposit accounts and 143,000 commercial deposit accounts. Valley also maintains specialized deposit verticals in technology banking, international corporate, cannabis, association banking, healthcare, and private banking. The company has invested in AI and fintech capabilities through its Valley Ventures program with $200 million of committed capital and approximately 2,000 technology banking clients, as well as a strategic relationship with Bank Leumi Israel, its largest shareholder. Updated
These five J.P. Morgan stock picks offer growth and income investors big and reliable dividends.
Wednesday's top analyst upgrades and downgrades included American Express, Catalent, Centene, Lowe's Companies, NetApp, Shoals Technologies, Valley National Bancorp and ZoomInfo Technologies.
Wednesday's top analyst upgrades and downgrades included American Eagle Outfitters, Apple, Coinbase, DoorDash, Estee Lauder, Gap, Goldman Sachs, Meta Platforms, Rivian Automotive, Shopify, SoFi Technologies, Tapestry, TechnipFMC, Uber Technologies, Valley National Bancorp…
Tuesday's top analyst upgrades and downgrades included Aflac, Cloudflare, Comerica, Comstock Resources, Costco Wholesale, Dollar General, Dominion Energy, Equitrans Midstream, Ford, Meta Platforms, T-Mobile, Valley National Bancorp and Walmart.
Investors got something they expected from the Federal Reserve on Wednesday, but there could be a hitch down the road. And regional banks have hit another serious headwind.
Friday's top analyst upgrades, downgrades and initiations included Amazon.com, Amgen, Coca-Cola, Danaher, Electronic Arts, IBM, Proofpoint, Sprint, UPS, Uber, Vertex Pharmaceuticals and Visa.
Wednesday's top analyst upgrades, downgrades and initiations include Brinker International, Cypress Semiconductor, Starbucks and Windstream.
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Valley National Bancorp (NASDAQ: VLY) is the holding company for Valley National Bank, a regional financial institution with over $66 billion in assets.
24/7 Wall St.'s 12-month price target for VLY is $16.17, rated Buy. The Wall Street consensus target is $16.50. VLY price prediction →