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Fly News Breaks for April 11, 2017
NYCB
Apr 11, 2017 | 08:10 EDT
Morgan Stanley analyst Ken Zerbe said New York Community Bancorp has underperformed peers and the market is giving little credit for potential positive surprises. Zerbe said shares could surprise to the upside from potential catalysts that include another large acquisitions, accelerated balance sheet growth, and reduced liability sensitivity. The analyst rates shares an Equal Weight with a $14.50 price target.
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