RBC Capital Maintains Sector Perform on New York Community, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Steven Duong maintains a Sector Perform rating on New York Community (NYSE:NYCB) and lowers the price target from $7 to $5.
March 08, 2024 | 4:03 pm
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RBC Capital analyst Steven Duong maintains a Sector Perform rating on New York Community and lowers the price target from $7 to $5.
The reduction in price target from $7 to $5 by RBC Capital indicates a negative outlook on the stock's short-term price potential. This adjustment reflects analyst Steven Duong's assessment of NYCB's value and could influence investor sentiment negatively, likely leading to a decrease in stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100