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Piper Sandler Maintains 'Overweight' Rating on Fifth Third Bancorp
Piper Sandler has reaffirmed its ‘overweight’ rating on Fifth Third Bancorp (NASDAQ:FITB) but lowered its price target from $57.00 to $54.00. This adjustment implies a potential upside of 21.01% from the current trading price, with other firms largely maintaining ‘buy’ ratings. The firm’s report reflects Wall Street’s generally positive, yet cautiously optimistic, view of the regional bank’s near-term performance.