FLG → $30.00 by May 19, 2025.

Expecting a $25-30 acquisition bid in the coming months. NYC commercial real estate market not nearly as bad as feared. Return to office across the board lead by JP Morgan and all the banks will drive a full recovery of the Flagstar loan book. Its foothold in NYC will be very attractive with the city fully back to the office and functioning normally. Plenty of regional banks with zero current presence there are eagerly looking to be in that market. …