Greenpoint Financial Corp., which began to convert the skeptics with a strong earnings report in July, won another accolade Thursday when Advest Inc. lifted its yearend price target for the thrift's stock to $40.

Shares of New York-based Greenpoint, which rose 75 cents Thursday to $35.625 on twice the average trading volume, came to life last month after the thrift reported a 16% gain over second quarter 1995 earnings, to 72 cents a share.

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