Moody’s downgrades New York Community Bancorp to junk
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DA Davidson Downgrades New York Community Bancorp (NYCB) to Neutral, 'Given the Risk of Deposit Outflows'
February 8, 2024 6:13 AM ESTDA 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
Citi on New York Community Bancorp (NYCB): 'Liquidity Good, But See More Pressure on NIM'
February 7, 2024 7:14 AM ESTCiti analyst Keith Horowitz reiterated a Neutral rating and $7.00 price target on New York Community Bancorp (NYSE: NYCB)
The analyst comments "NYCB is down significantly since earnings and the lower stock price has fueled concerns about pressure on deposits,... More
