Flagstar Bancorp (FBC) Tops Q2 EPS by 1c

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Flagstar Bancorp (FBC) PT Raised to $40 at Piper Jaffray Following 2Q

July 25, 2018 8:10 AM EDT

Piper Jaffray raised its price target on Flagstar Bancorp (NYSE: FBC) to $40.00 (from $37.00) while maintaining a Overweight rating following the company's 2Q earnings report. FBC was able to beat operating EPS estimates this quarter due to higher asset yields and expense control.... More