RBC Capital Maintains Outperform on Fifth Third Bancorp, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gerard Cassidy has maintained an Outperform rating on Fifth Third Bancorp (NASDAQ:FITB) and increased the price target from $35 to $38.
January 22, 2024 | 5:36 pm
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RBC Capital analyst Gerard Cassidy has reaffirmed Fifth Third Bancorp's Outperform rating and raised the price target to $38.
The reaffirmation of the Outperform rating and the increase in price target by a reputable analyst like Gerard Cassidy from RBC Capital is a positive signal for investors, suggesting a bullish outlook on the stock. This could lead to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100