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Enter Symbol:
 
New York Community Bancorp, Inc. (NYCB) [hlAlert]

Rating:
Outperform
NYCB
up 7.07 %

New York Community Bancorp, Inc. (NYCB) upgraded to Outperform by Raymond James

Posted on: Friday,  Oct 30, 2015  10:25 AM ET by Raymond James

Raymond James rated Outperform New York Community Bancorp, Inc. (NYSE: NYCB) on 10/30/2015, when the stock price was $16.40.
Since then, New York Community Bancorp, Inc. has gained 7.07% as of 11/02/2015's recent price of $17.56.
If you would have followed this Raymond James's recommendation on NYCB, you would have gained 7.07% of your investment in 3 days.

New York Community Bancorp, Inc. is the holding company for New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank). The Company has 212 banking offices serving customers in all five boroughs of New York City, Long Island, and Westchester County in New York, and Essex, Hudson, Mercer, Middlesex, Monmouth, Ocean, and Union counties in New Jersey. The Community Bank has 177 locations that operate through five local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank and Garden State Community Bank. The Commercial Bank has 35 branches serving Manhattan, Queens, Brooklyn, Westchester County, and Long Island, including 18 branches of Atlantic Bank.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/30/2015 10:25 AM Buy
None
16.40
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2015 10:25 AM Hold
None
17.19

(*) Stock Price at the time of the recommendation.
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