Barclays Maintains Overweight on Flagstar Financial, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Overweight rating on Flagstar Financial (NYSE:FLG) but lowers the price target from $14 to $13.
October 29, 2024 | 12:52 pm
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Barclays analyst Jared Shaw maintains an Overweight rating on Flagstar Financial but lowers the price target from $14 to $13, indicating a slight decrease in expected valuation.
The maintenance of an Overweight rating suggests continued confidence in Flagstar Financial's performance, but the lowered price target indicates a slight decrease in expected valuation, which could lead to a minor negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100