Morgan Stanley Reiterates Equal-Weight on Fifth Third Bancorp, Maintains $29 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia reiterated an Equal-Weight rating on Fifth Third Bancorp (NASDAQ:FITB) and maintained a $29 price target.

June 15, 2023 | 1:21 pm
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Morgan Stanley analyst Manan Gosalia reiterated an Equal-Weight rating on Fifth Third Bancorp and maintained a $29 price target.
The news is directly related to Fifth Third Bancorp (FITB) as Morgan Stanley analyst Manan Gosalia reiterated an Equal-Weight rating and maintained a $29 price target. This indicates that the analyst believes the stock is fairly valued and should perform in line with the market. As a result, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100