Stephens & Co. Initiates Fifth Third Bancorp With Overweight

Stephens & Co. initiated coverage on

with a Overweight rating. The target price for Fifth Third Bancorp is set to $24. Fifth Third Bancorp shares have dropped 2.56 percent over the past 52 weeks, while the S&P 500 index has surged 7.19 percent in the same period. Fifth Third Bancorp shares fell 1.25 percent to close at $20.96 yesterday.