Morgan Stanley Maintains Equal-Weight on Fifth Third Bancorp, Raises Price Target to $51
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 $47 to $51.
September 30, 2024 | 4:22 pm
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Morgan Stanley has maintained its Equal-Weight rating on Fifth Third Bancorp while raising the price target from $47 to $51, indicating a positive outlook.
The increase in price target from $47 to $51 by Morgan Stanley suggests a positive outlook for Fifth Third Bancorp, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100