Piper Sandler assumed coverage of Flagstar Bank (FLG) with an Overweight rating and $16 price target The firm believes Flagstar is a bad to better story, and banks that execute well on this strategy tend to perform well.
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Read More on FLG:
- Keefe upgrades Flagstar Bank on valuation, buyback catalyst
- Flagstar Bank upgraded to Outperform from Market Perform at Keefe Bruyette
- Flagstar Financial Inc put volume heavy and directionally bearish
- Flagstar Financial price target raised to $16 from $14 at Morgan Stanley
- Flagstar Financial Sets Date for 2026 Virtual Meeting