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Stock Market & Financial Investment News

News Breaks
January 4, 2013
07:50 EDTFITBFifth Third Bancorp downgraded to Outperform from Strong Buy at Raymond James
Raymond James believes Fifth Third Bancorp's Q4 results on January 17th will limit near-term upside due to NIM contraction, sluggish loan-growth, and potential provision adjustments. Price target is $18.
News For FITB From The Last 14 Days
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February 8, 2016
07:26 EDTFITBThe FDIC and Federal Reserve Bank of San Francisco to hold a conference
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January 29, 2016
07:31 EDTFITBBank, financial stocks look cheap, says Oppenheimer
After an index of bank stocks fell 19% since last summer, versus an 8% decline for the S&P, Oppenheimer says that "the group looks cheap." The firm says that banks' balance sheets will remain strong whether the economy is resilient or enters a downturn. The firm says that the banks' Q4 results were stable, and it expects the group to benefit from steady loan growth and slightly rising NIMs in 2016. Oppenheimer continues to recommend Bank of America (BAC), Citi (C), Goldman Sachs (GS), Discover (DFS), and Fifth Third (FITB)

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