Keefe, Bruyette & Woods Maintains Market Perform on New York Community, Lowers Price Target to $3.75
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher Mcgratty has maintained a 'Market Perform' rating on New York Community (NYCB) but has lowered the price target from $7.5 to $3.75.
March 11, 2024 | 10:38 am
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Keefe, Bruyette & Woods has maintained a 'Market Perform' rating on New York Community but lowered the price target from $7.5 to $3.75.
The reduction in price target by almost 50% by a reputable analyst firm like Keefe, Bruyette & Woods could negatively impact investor sentiment towards NYCB in the short term, likely leading to a decrease in its stock price.
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IMPORTANCE 90
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