Keefe, Bruyette & Woods Downgrades Fifth Third Bancorp to Market Perform, Announces $37 Price Target
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst David Konrad downgraded Fifth Third Bancorp (NASDAQ:FITB) from Outperform to Market Perform and set a price target of $37.
January 09, 2024 | 10:35 am
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Fifth Third Bancorp was downgraded by Keefe, Bruyette & Woods from Outperform to Market Perform with a price target of $37.
Downgrades by analysts can lead to a negative perception among investors and potentially a decrease in stock price. The new price target of $37 may also influence market expectations and trading behavior.
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