B of A Securities Maintains Neutral on New York Community, Lowers Price Target to $4.25
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ebrahim Poonawala has maintained a Neutral rating on New York Community (NYSE:NYCB) but lowered the price target from $5 to $4.25.
March 08, 2024 | 11:34 am
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NEGATIVE IMPACT
B of A Securities maintains a Neutral rating on NYCB, with a reduced price target from $5 to $4.25.
The reduction in price target by B of A Securities suggests a less optimistic outlook on NYCB's stock value, potentially leading to a short-term negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100