Morgan Stanley Maintains Equal-Weight on Fifth Third Bancorp, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Fifth Third Bancorp (NASDAQ:FITB) and lowers the price target from $29 to $28.
July 07, 2023 | 3:46 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Fifth Third Bancorp and lowered the price target from $29 to $28.
The lowering of the price target by Morgan Stanley could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100