Deutsche Bank Upgrades New York Community to Buy, Raises Price Target to $16
Portfolio Pulse from richadhand@benzinga.com
Deutsche Bank analyst Bernard von-Gizycki has upgraded New York Community (NYSE:NYCB) from Hold to Buy and raised the price target from $10 to $16.
July 31, 2023 | 10:47 am
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New York Community's stock has been upgraded from Hold to Buy by Deutsche Bank, with a raised price target of $16.
The upgrade from Hold to Buy indicates a positive outlook for the company's stock. The raised price target from $10 to $16 suggests that the analyst expects the stock price to increase in the short term. This could potentially lead to an increase in the stock's price as investors react to the news.
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