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Fly News Breaks for December 21, 2016
NYCB
Dec 21, 2016 | 05:54 EDT
Raymond James analyst William Wallace downgraded New York Community Bancorp (NYCB) to Market Perform following the termination of its merger agreement with Astoria Financial (AF). He now sees limited catalysts near-term and expects potential investor concerns around the company's CRE concentration.
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