Citi analyst Benjamin Gerlinger raised the firm’s price target on Flagstar Financial (FLG) to $15.50 from $15 and keeps a Buy rating on the shares after the company filed a motion for the appointment of a court ordered receiver against Pinnacle Group. The firm cites the positive legal update for the target bump.
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- Flagstar Financial price target raised to $13 from $12 at Morgan Stanley
- Flagstar Financial: Hold Rating Amid Mixed Performance and Strategic Growth Initiatives
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