Morgan Stanley Maintains Equal-Weight on New York Community, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on New York Community (NYSE:NYCB) and lowers the price target from $13 to $12.
October 27, 2023 | 1:37 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on NYCB and lowered the price target from $13 to $12.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of NYCB in the short term as it indicates a lower expected future value of the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100