New York Community Bancorp gets price target hike from Raymond James on bullish earnings view

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New York Community Bancorp Inc. on Thursday drew a price target boost to $14 a share from $13 at Raymond James ahead of its next profit update on July 26....

New York Community Bancorp Inc.

on Thursday drew a price target boost to $14 a share from $13 at Raymond James ahead of its next profit update on July 26. Raymond James analyst Steve Moss reiterated a strong buy rating on New York Community Bancorp and said he expects second-quarter results to include core deposit growth and expansion in net interest margin, “which should differentiate the bank from its peers.

on Thursday drew a price target boost to $14 a share from $13 at Raymond James ahead of its next profit update on July 26. Raymond James analyst Steve Moss reiterated a strong buy rating on New York Community Bancorp and said he expects second-quarter results to include core deposit growth and expansion in net interest margin, “which should differentiate the bank from its peers.

 

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