Morgan Stanley Downgrades Flagstar Bank to Underweight
Morgan Stanley downgraded Flagstar Bank from Overweight to Underweight and reduced its price target from $15 to $12.
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Flagstar Financial Analysts Slash Their Forecasts Following Q3 Earnings
Flagstar's Q3 profit missed estimates but revenue beat; CEO cited headwinds. Analysts cut price targets, and shares fell 1.2%.
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