10 Cheap Stocks With Strong Buy Ratings on Wall Street

6. Valley National Bancorp (NASDAQ:VLY)

PE Ratio: 13.73

Valley National Bancorp (NASDAQ:VLY) is one of the best cheap stocks to buy.

On December 16, TheFly reported that JPMorgan analyst Anthony Elian maintained an Overweight rating on VLY and raised the price target from $14.00 to $14.50. This adjustment reflects confidence in the bank’s solid fundamentals and steady earnings momentum. The modest increase in the price target suggests that VLY is expected to continue outperforming its regional peers over the next 12 months, without signaling a dramatic revaluation.

On December 15, 2025, UBS analyst Nicholas Holowko initiated coverage of Valley National Bancorp (NASDAQ: VLY) with a Buy rating and set a $15.00 price target for the stock. Holowko’s Buy rating reflects UBS’s positive outlook on the bank’s ability to expand its net interest margin over the next few years and to deliver above‑peer earnings growth, which the firm believes should support valuation expansion over the next 12 months

Valley National Bancorp (NASDAQ:VLY) is a regional bank holding company that provides a wide range of financial services through its principal subsidiary, Valley National Bank. The company operates across multiple U.S. states and serves individual consumers, small to medium-sized businesses, and commercial clients.