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Fly News Breaks for April 26, 2017
FBC
Apr 26, 2017 | 06:59 EDT
Wedbush analyst Henry Coffey upgraded Flagstar Bancorp to Outperform with a $35 price target following the better than expected Q1 report citing favorable gains in spread income and from holding servicing. The analyst raised estimates and expect future quarters to benefit from two recent acquisitions and growth from recently initiated and new lending lines.
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