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Stock Market & Financial Investment News

News Breaks
January 29, 2013
05:43 EDTFITBFifth Third Bancorp upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Fifth Third Bancorp citing valuation and the company's capital flexibility. The firm raised its price target range for shares to $17-$19 from $16-$17.
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September 8, 2014
08:14 EDTFITBFifth Third Bancorp targeting mid-50% efficiency ratio
Says targeting mid-50% efficiency ratio in normalized interest rate environment. Sees continued improvement in 2014 on efficiency ratio. Says capital generation and overall capital position, well above current and future requirements, support balance sheet growth and continued prudent capital return to shareholders. Comments from slides that will be presented at the Barclays Global Financial Services Conference.

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