Polini lowered his rating for Flushing Financial Corp. ( FFIC) of Lake Success, N.Y. to "Market Perform" from "Outperform," while leaving his 2012 EPS estimate unchanged at $1.10, and lowering his 2013 EPS estimate to $1.10 from $1.16.
Scrubs by no means are trendy. This company hopes to change that.
How one privately held blockchain turned an advisory services agreement into $107 million in equity financing from some of the world's top financial institutions and tech companies.
The goal of shrinking it now is to reduce the Fed's deep involvement in global financial markets while curbing incentives for companies to load up on cheap debt.
The stock is breaking out of a triangle pattern that projects an 11% move higher.