These reports, cited and edited by Barron’s, are recently released by investment and research firms. The reports are a sample of analysts’ thinking; they should not be considered the views or recommendations of Barron’s. Some report issuers have provided or hope to provide investment banking or other services to the companies analyzed.
New York Bancorp Community
NYCB-NYSE
Outperform • Price $6.54 on March 17
by Wedbush
We are upgrading NYCB from Neutral, due to a significant increase in earnings per share to 20% from the agreement with Signature Bank. [On March 19]The FDIC announced that it has entered into a purchase agreement with Flagstar Bank, a subsidiary of NYCB, for a portion of Signature’s loan and deposit portfolio.
