Zacks Investment Research upgraded shares of FLAGSTAR BANCP (FBC) from NEUTRAL to OUTPERFORM on May 07, 2012, with a target price of $1.00.
Flagstar Bancorp, Inc. is the holding company for Flagstar Bank, FSB, a federally chartered stock savings bank. Through its retail banking centers and e-commerce distribution channels, Flagstar attracts deposits from the general public. The institution utilizes these deposits, along with other funds garnered from the secondary market, to originate or acquire loans on a nationwide basis.
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