New York Community Bancorp (NYCB) to Hold Annual Meeting of Shareholders on May 17th

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Go back to New York Community Bancorp (NYCB) to Hold Annual Meeting of Shareholders on May 17th

DA Davidson Downgrades New York Community Bancorp (NYCB) to Neutral, 'Given the Risk of Deposit Outflows'

February 8, 2024 6:13 AM EST

DA Davidson analyst Peter Winter downgraded New York Community Bancorp (NYSE: NYCB) from Buy to Neutral with a price target of $5.00 (from $8.50).

The analyst comments "Despite issuing a positive update Tuesday night, whereby total deposits increased ~$1.5B to $83B through 2/5 vs. 12/31/23 and total... More