In This Article:
Truist analyst Brian Foran lowered the firm’s price target on Fifth Third (FITB) to $44 from $52. The firm lowered its 2025 and 2026 EPS estimates to $3.50 and $4.15, respectively, given increased volatility in fees, slower loan and deposit growth, and higher provisions from an increased recession risk. Truist keeps a Buy rating on the shares given Fifth Third’s differentiated southeast growth story and diversified commercial fee capabilities.
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