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Fifth Third (FITB) Gets Target Lift in Piper Sandler’s Review Ahead of Upcoming Conference
Yahoo Finance· 2025-12-12 02:00
Core Insights - Fifth Third Bancorp (NASDAQ:FITB) is recognized as one of the best low-priced dividend stocks to buy according to analysts [1] - Piper Sandler raised its price target for Fifth Third Bancorp to $50 from $48, maintaining an Overweight rating, following the bank's presentation ahead of an upcoming industry conference [2] - The bank is acquiring Comerica, which will position it as the ninth-largest bank in the U.S. with approximately $288 billion in assets [4] Financial Performance - For Q4, Fifth Third's management slightly lowered fee guidance but improved its expense outlook, indicating a potential shift of some capital markets deals into early Q1 [2] Strategic Partnerships - Fifth Third announced a partnership with Brex to provide commercial cards and expense management tools for business clients, utilizing Brex's embedded payments platform [3]