Guggenheim Upgrades Fifth Third (FITB), SunTrust (STI), M&T (MTB) to Buy, Downgrades State Street (STT), Zions (ZION) to Neutral

Guggenheim Securities' Marty Mosby revised ratings on several stocks in the Banking sector Monday morning:

• upgraded Fifth Third (Nasdaq: FITB) from Neutral to Buy
  
• upgraded SunTrust (NYSE: STI) from Neutral to Buy, price target raised from $36 to $38.25
  
• upgraded M&T Bank (NYSE: MTB) from Neutral to Buy, target from $96 to $114
  
• downgraded State Street (NYSE: STT) from Buy to Neutral, target lowered from $64 to $54.50
  
• downgraded Zions Bancorp (Nasdaq: ZION) from Buy to Neutral, target reduced from $32 to $28

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