Barclays raised the firm’s price target on Fifth Third (FITB) to $51 from $43 and keeps an Overweight rating on the shares post the Q3 report. The bank’s earnings were slightly ahead of estimates as fee income was at the upper end, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FITB:
- Morning Movers: CVS Health sinks following CEO change, weak guidance
- Options Volatility and Implied Earnings Moves Today, October 18, 2024
- Fifth Third Bancorp Reports Strong Q3 2024 Performance
- Fifth Third sees Q4 revenue up 1%-2% vs. Q3, consensus $2.2B
- Fifth Third reports Q3 EPS 78c, consensus 83c