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Barclays Adjusts Price Target on Fifth Third Bancorp to $63 From $61, Maintains Overweight Rating
Barclays has increased its price target for Fifth Third Bancorp (FITB) from $61 to $63, while reiterating an Overweight rating on the stock. This adjustment comes shortly after Baird also raised its price target for Fifth Third Bancorp to $56 from $55, maintaining an Outperform rating. These revised price targets suggest a positive outlook from analysts on the bank’s future performance.