Raymond James Upgrades Fifth Third Bancorp (FITB) to Strong Buy, Maintains $17 Target

June 3, 2011 11:58 AM EDT
Get Alerts FITB Hot Sheet
Price: $53.42 --0%

Rating Summary:
    21 Buy, 17 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of Fifth Third Bancorp (NASDAQ: FITB) are trading higher Friday morning as an analyst at Raymond James upgraded the stock from Outperform to Strong Buy earlier. The firm maintains a $17 price target.

With Fifth Third shares up 1 percent to $12.50 Friday, Raymond James' price target implies potential upside of about 36 percent.

For more ratings news on Fifth Third Bancorp click here and for the rating history of Fifth Third Bancorp click here.


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