NYCB’s stock continues its slide even despite one analyst’s vote of confidence

Wall Street’s negative sentiment around New York Community Bancorp continued Monday even as an analyst reiterated a buy rating on the stock and said its business remains strong enough to handle expected loan risk. The ratings actions around New York Community Bancorp’s stock NYCB, -11.41%remained mixed, however, as Moody’s Investors Service issued its second debt downgrade on the bank in about a month. New York Community Bancorp’s stock fell 11.4% to $3.15 on Monday. Jann