Wedbush Reiterates Underperform on New York Community, Maintains $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has reiterated an Underperform rating on New York Community (NYSE:NYCB) and maintained a $6 price target.

February 01, 2024 | 3:08 pm
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Wedbush analyst David Chiaverini reiterated an Underperform rating on New York Community with a $6 price target.
The reiteration of an Underperform rating by a prominent analyst could negatively impact investor sentiment towards NYCB, potentially leading to a decrease in its stock price in the short term. The maintained price target of $6 suggests that the analyst sees limited upside potential for the stock, further contributing to negative sentiment.
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