These Analysts Cut Their Forecasts On Flagstar Financial Following Q2 Earnings
Flagstar Financial (NYSE: FLG) reported lower-than-expected Q2 earnings and higher sales. Analysts lowered price targets on the stock.
Flagstar Financial earned less money than experts thought it would in Q2, so those experts lowered their guesses about how much the stock might be worth. When experts lower their price targets—their estimates of a stock's value—it's a sign they're less excited about the company right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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