Morgan Stanley has decided to maintain its Equal-Weight rating of Fifth Third Bancorp FITB and lower its price target from $43.00 to $40.00.
Shares of Fifth Third Bancorp are trading down 1.46% over the last 24 hours, at $33.80 per share.
A move to $40.00 would account for a 18.34% increase from the current share price.
About Fifth Third Bancorp
Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking centers and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.
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