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Stock impact report

Fifth Third Bancorp (FITB) Gets Target Boost from Morgan Stanley amid Banking Tailwinds [Yahoo! Finance]

Fifth Third Bancorp (FITB) 
Last fifth third bancorp earnings: 4/21 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.53.com/investor-overview
Company Research Source: Yahoo! Finance
Fifth Third Bancorp (NASDAQ: FITB ) is included among the 14 Best Dividend Stocks to Invest in Under $50 Fifth Third Bancorp (FITB) Gets Target Boost from Morgan Stanley amid Banking Tailwinds Image by Alexsander-777 from Pixabay On March 2, Morgan Stanley analyst Manan Gosalia raised the firm's price recommendation on Fifth Third Bancorp (NASDAQ:FITB) to $67 from $60. It reiterated an Overweight rating on the shares. The firm lifted price targets across the midcap banks group by a median of about 8%. Gosalia noted that the group has already delivered strong recent performance, which means “the bar is higher from here.” Even so, the firm remains positive on the outlook. The view reflects expected support from loan growth, improvements in net interest margins, and continued capital returns. Earlier in February, Fifth Third announced that it had completed its merger with Comerica Incorporated. The deal creates the ninth-largest U.S. bank, with about $294 billion in assets. The Show less Read more
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