DA Davidson Upgrades Fifth Third Bancorp to Buy
From Financial Modeling Prep: 2025-06-09 13:41:00
DA Davidson upgraded Fifth Third Bancorp (NASDAQ:FITB) from Neutral to Buy, with a new price target of $47. FITB shares have underperformed despite strong operational execution and profitability. The firm raised its valuation multiple to 11.5x earnings, citing growth initiatives and consistent EPS delivery. Analysts see an attractive entry point at current levels.
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