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Fifth Third Bancorp (NASDAQ:FITB) Price Target Cut to $51.00 by Analysts at Evercore
Evercore analysts have reduced their price target for Fifth Third Bancorp (NASDAQ:FITB) from $57.00 to $51.00, suggesting a potential upside of 7.31% from its previous closing price. Despite this, the consensus among 20 analysts is a “Moderate Buy” with an average target price of $55.84, as some firms like Barclays and Wells Fargo have raised their targets while others, including Jefferies and Wolfe, have also trimmed theirs. The article also provides a snapshot of the company’s recent institutional trading activity and key financial metrics.