Citi raised the firm’s price target on Fifth Third (FITB) to $52 from $43 and keeps a Neutral rating on the shares after revising the firm’s estimates for an updated capital markets outlook and a more conservative expense outlook. While the firm thinks Fifth Third remains well positioned in the current environment, it believes this is priced into the shares.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
