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Wolfe Research Forecasts Strong Price Appreciation for Fifth Third Bancorp (NASDAQ:FITB) Stock
['Defense World Staff']
Defense World
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) had its price target hoisted by stock analysts at Wolfe Research from $51.00 to $52.00 in a report released on Wednesday,MarketScreener reports.
The firm currently has an “outperform” rating on the financial services provider’s stock.
Robert W. Baird upped their price objective on Fifth Third Bancorp from $48.00 to $50.00 and gave the company an “outperform” rating in a research note on Thursday.
Truist Financial upped their price objective on Fifth Third Bancorp from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Friday, September 12th.
This buyback authorization authorizes the financial services provider to purchase shares of its stock through open market purchases.