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Fifth Third Bancorp (NASDAQ:FITB) Upgraded at Wall Street Zen
Wall Street Zen has upgraded Fifth Third Bancorp (NASDAQ:FITB) from a “strong sell” to a “sell” rating, although the broader analyst consensus remains a “Moderate Buy” with an average price target of $57.19. The company recently reported strong quarterly earnings, with EPS of $0.83 surpassing expectations, despite revenue of $2.83 billion slightly missing estimates. Shares are trading around $49.33, and the stock exhibits high institutional ownership at 83.79%, though recent insider activity includes executive stock sales.