Wells Fargo Maintains Overweight on Fifth Third Bancorp, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Whit Mayo has maintained an Overweight rating on Fifth Third Bancorp (NASDAQ:FITB) and increased the price target from $34 to $39.
December 14, 2023 | 8:02 pm
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Wells Fargo analyst Whit Mayo reaffirmed an Overweight rating on Fifth Third Bancorp and raised the price target to $39, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Whit Mayo suggests a bullish outlook for Fifth Third Bancorp, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100