DA Davidson Maintains Neutral on Fifth Third Bancorp, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Peter Winter maintains a Neutral rating on Fifth Third Bancorp (FITB) and raises the price target from $37 to $39.
April 22, 2024 | 1:51 pm
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DA Davidson analyst Peter Winter maintains a Neutral rating on Fifth Third Bancorp and raises the price target from $37 to $39.
The increase in price target by DA Davidson suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at current levels, which might temper significant price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100