Flagstar Bancorp (FBC) Tops Q2 EPS by 10c

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Piper Jaffray Downgrades Flagstar Bancorp (FBC) to Neutral

July 27, 2016 6:54 AM EDT

Piper Jaffray downgraded Flagstar Bancorp (NYSE: FBC) from Overweight to Neutral with a price target of $27 given that they see the stock as fairly valued

Analyst Kevin Barker commented, "Flagstar has been one of the best performing banks from February lows; up 44%... More