The latest FLG stock price forecast points to continued growth on the back of Q2 earnings exceeding estimates. With EPS up 14% year-over-year, market sentiment is optimistic. Price targets range between $16.50 and $17.20 over the next quarter, assuming macroeconomic data holds steady. Its stock fell 8.3% Friday. As of Friday's close, it has fallen 65.6% since the beginning of the year. Several other research analysts have also weighed in on FLG. Wall Street Zen lowered Flagstar Financial from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Stephens reiterated an "equal weight" rating and set a $12.50 target price on shares of Flagstar Financial in a report on Thursday, June 12th. DA Davidson reiterated a "buy" rating and set a $14.50 target price on shares of Flagstar Financial in a report on Thursday, June 26th. Cantor Fitzgerald initiated coverage on Flagstar Financial in a report on Wednesday, September 10th. They set an "overweight" rating and a $15.00 target price on the stock. Finally, Citigroup lifted their target price on Flagstar Financial from $15.50 to $16.50 and gave the stock a "buy" rating in a report on Tuesday, August 26th. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $13.65. This sentiment, paired with sector resilience in industrial equities, could keep FLG in a rising channel for weeks.
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