Flagstar Bancorp Inc (FBC)

[oldberkeley]

UPGRADE:Cantor Fizgerald raises target from $1.10 to $1.50.

November 16, 2011 8:00 AM EST

Cantor Fitzgerald upgraded Flagstar Bancorp (NYSE: FBC) to Buy, price target raised from $1.10 to $1.50.

Cantor analyst says, "In September, we spent a full day with Flagstar senior management and had some very positive takeaways. Based on those takeaways and on confirming 3Q:11 earnings, we are upgrading Flagstar."

http://www.streetinsider.com/Upgrades/Cantor+Fitzgerald+Upgrades+Flagstar+Bancorp+(FBC)+to+Buy%3B+Upbeat+Management+Visit+%2B+Encouraging+3Q%3A11+Results/6954432.html

Way undervalued here.