JP Morgan Upgrades Fifth Third Bancorp to Overweight, Raises Price Target to $39.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Vivek Juneja upgraded Fifth Third Bancorp (NASDAQ:FITB) from Neutral to Overweight and increased the price target from $37.5 to $39.5.
May 01, 2024 | 2:21 pm
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Fifth Third Bancorp was upgraded by JP Morgan from Neutral to Overweight with a price target increase from $37.5 to $39.5.
The upgrade from Neutral to Overweight by a prominent analyst at JP Morgan, along with a raised price target, suggests a bullish outlook on Fifth Third Bancorp. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100