Cantor Fitzgerald Upgrades Flagstar Bancorp (FBC) to Buy; Upbeat Management Visit + Encouraging 3Q:11 Results
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Price: $37.54 --0%
Rating Summary:
5 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 17 | New: 4
Rating Summary:
5 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 17 | New: 4
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Cantor Fitzgerald upgraded Flagstar Bancorp (NYSE: FBC) to Buy, price target raised from $1.10 to $1.50.
Cantor analyst says, "In September, we spent a full day with Flagstar senior management and had some very positive takeaways. Based on those takeaways and on confirming 3Q:11 earnings, we are upgrading Flagstar."
For an analyst ratings summary and ratings history on Flagstar Bancorp click here. For more ratings news on Flagstar Bancorp click here.
Shares of Flagstar Bancorp closed at $0.67 yesterday.
Cantor analyst says, "In September, we spent a full day with Flagstar senior management and had some very positive takeaways. Based on those takeaways and on confirming 3Q:11 earnings, we are upgrading Flagstar."
For an analyst ratings summary and ratings history on Flagstar Bancorp click here. For more ratings news on Flagstar Bancorp click here.
Shares of Flagstar Bancorp closed at $0.67 yesterday.
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