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-0.00090986987977358 -0.00179323869508764 0.00659876505039619 0.0105739247193095 0.016315822018851 0.0145490843882229 0.0171991908341651 0.0101322403116524
Stock impact report

NYCB Shares Rise as Barclays Says ‘Heavy Lifting' Is Complete [Yahoo! Finance]

New York Community Bancorp, Inc. (NYCB) 
Last new york community bancorp, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.mynycb.com
Company Research Source: Yahoo! Finance
(Bloomberg) -- New York Community Bancorp's recovery from a tumultuous year is far from over, but months of work spent trying to transform the lender may finally be paying off. Most Read from Bloomberg The Hicksville, New York-based bank's shares gained as much as 9% on Thursday after Barclays upgraded its rating on the firm to overweight from equal-weight and boosted its price target to $14. The new target matches the highest amount analysts tracked by Bloomberg and implies upside of about 31% from where the stock currently trades. “NYCB has completed the heavy lifting around credit evaluation, capital growth and balance sheet repositioning,” Barclays analyst Jared Shaw wrote in a note to clients. “While the path ahead is still challenging, risk/reward appears in its favor as the bank positions for the future.” Most of Shaw's peers have moved to the sidelines as the commercial real estate lender worked to right-way its business this year. Out of the 16 analysts tracked by Bl Show less Read more
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