Fifth Third Bancorp (FITB) Reports In-Line Q4 EPS

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Go back to Fifth Third Bancorp (FITB) Reports In-Line Q4 EPS

FBR Capital Downgrades Fifth Third Bancorp (FITB) to Market Perform; Weaker Near-Term Outlook

January 22, 2015 6:22 AM EST

FBR Capital downgraded Fifth Third Bancorp (NASDAQ: FITB) from Outperform to Market Perform with a price target of $20.00 (from $25.00) following Q4 results on a weaker near-term outlook.

Analyst Paul J. Miller, Jr. commented, "Our more negative outlook stems from our belief that rates will likely stay lower... More