NYCB Shares Rise as Barclays Says 'Heavy Lifting' Is Complete

By Yahoo! Finance | Sep 26, 2024 at 11:13 AM EST

New York Community Bancorp is showing signs of recovery after a challenging year. Barclays upgraded the rating to overweight with a price target of $14, reflecting optimism in the bank's transformation efforts and future prospects. Analysts note improvements in credit evaluation, capital growth, and leadership changes.

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