BofA raised the firm’s price target on Fifth Third to $37 from $33 and keeps a Buy rating on the shares. The firm believes that the increased expectations for Fed rate cuts should drive bank stocks higher.
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Read More on FITB:
- Fifth Third price target raised by $5 at RBC Capital, here’s why
- Fifth Third price target raised by $2 at Piper Sandler, here’s why
- Insiders Pour $1 Million Each Into These 2 Stocks — Here’s Why You Might Want to Follow Their Footsteps
- Insider Trading: Fifth Third (NASDAQ:FITB) Director Purchases Shares Worth $1.5M
- Fifth Third price target lowered to $30 from $34 at RBC Capital
