Morgan Stanley Maintains Equal-Weight on Fifth Third Bancorp, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Fifth Third Bancorp (NASDAQ:FITB) and raises the price target from $40 to $47.
August 05, 2024 | 5:27 pm
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Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Fifth Third Bancorp (NASDAQ:FITB) and raises the price target from $40 to $47.
The raised price target from $40 to $47 by a reputable analyst at Morgan Stanley is likely to have a positive short-term impact on FITB's stock price. The Equal-Weight rating suggests a neutral stance, but the increased price target indicates improved expectations for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100