BUZZ-Proactive investor outreach aiding Flagstar outperformance, Piper Sandler says

Reuters
04-09
BUZZ-Proactive investor outreach aiding Flagstar outperformance, Piper Sandler says

** Piper Sandler says Flagstar Financial FLG.N management being proactive on investor outreach is a key catalyst behind the regional lender's outperformance this year

** Brokerage says FLG, attending several bank industry conferences in 2025 after a long period of internal focus, has done an excellent job "of cleansing the distaste that some investors had" for the bank

** Flagstar had a rocky 2024, one of the most tumultuous periods in its 165-year history, as the bank's exposure to commercial real estate loans triggered a steep selloff

** FLG's moves drawing attention of new investors that didn't know the bank previously, but are intrigued by its deeply discounted valuation - brokerage

** Piper Sandler says the outperformance has also been aided by a steady stream of analyst upgrades on the stock

** 5 of 16 brokerages rate the stock "buy" or higher and 11 "hold"; median PT $13 - data compiled by LSEG

** As of last close, FLG stock up 11.5% YTD vs 19% fall in KBW Regional Banking index .KRX

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10