Flagstar Bank, National Association (NYSE:FLG) Upgraded by Truist Financial to Buy Rating
Truist Financial upgraded Flagstar Bank, National Association (NYSE:FLG) from a "hold" to a "buy" rating, increasing its price target to $17.00, suggesting a potential upside of 25.57%. Despite mixed fundamentals including a negative net margin and return on equity, analysts have a "Moderate Buy" consensus and institutional ownership is high. Several hedge funds have also increased their positions in FLG recently.