Analysts Upgrade These Financial Sector Equities in Mid-December

Stock analysts upgraded shares in the Financial sector for the week ending December 16th, 2011 for these companies:

New York Community (NYSE:NYB): Standpoint Research upgraded its rating on this company from Hold to Buy and changed its price target to $16 on Dec 15th. The shares recently traded at $11.75, down $0.25, or 2.08% since the analyst’s rating. About the company: New York Community Bancorp, Inc. is a multi-bank holding company. The Company, through its banking subsidiaries, offers a full range of traditional and non-traditional products and services, and originates multi-family, commercial real estate, and construction loans, primarily in the New York metropolitan area. Get the most recent company news and stock data here >>

Discover Financial Services (NYSE:DFS): Stifel Nicolaus upgraded its rating on this company from Hold to Buy and changed its price target to $29 on Dec 16th. The shares recently traded at $23.57, down $0.66, or 2.72% since the analyst’s rating. About the company: Discover Financial Services is a credit card issuer and electronic payment services company. The Company issues credit cards and offers student and personal loans, as well as savings products such as certificates of deposit and money market accounts and operates an automated teller machine(ATM)/debit network, which includes ATMs, as well as POS terminals nationwide. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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