Morgan Stanley analyst Manan Gosalia raised the firm’s price target on Flagstar Financial (FLG) to $13 from $12 and keeps an Equal Weight rating on the shares. Given the traction that Flagstar is already seeing with its commercial banking initiatives, and their plans for further hiring through the rest of the year, the firm is more confident in the bank’s C&I loan growth going forward than it was coming into earnings and it is taking up EPS estimates for 2026 and 2027, the analyst tells investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLG:
- Flagstar Financial: Hold Rating Amid Mixed Performance and Strategic Growth Initiatives
- Flagstar Financial Reports Improved Q1 2025 Results
- Flagstar Financial’s Mixed Earnings Call Reveals Progress and Challenges
- Flagstar Financial Reports Strong Q1 2025 Results
- Flagstar Financial reports Q1 EPS (23c), consensus (27c)
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue