JP Morgan Maintains Neutral on New York Community, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Elian maintains a Neutral rating on New York Community (NYSE:NYCB) and lowers the price target from $19 to $18.
October 09, 2024 | 8:28 pm
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JP Morgan's analyst Anthony Elian has maintained a Neutral rating on New York Community (NYSE:NYCB) but has lowered the price target from $19 to $18, indicating a slightly less optimistic outlook.
The lowering of the price target from $19 to $18 by JP Morgan suggests a slightly less optimistic view on NYCB's future performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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