Morgan Stanley Reiterates Equal-Weight on Fifth Third Bancorp, Maintains $28 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia has reiterated an Equal-Weight rating on Fifth Third Bancorp (NASDAQ:FITB) and maintained a $28 price target.

July 25, 2023 | 12:28 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Fifth Third Bancorp and maintained a $28 price target.
The news is directly about Fifth Third Bancorp and is likely to have a neutral impact on its stock price in the short term. The Equal-Weight rating suggests that Morgan Stanley believes the stock is fairly valued at its current price. The maintained price target indicates that the analyst does not expect significant price movement in the near future.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100