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Stock Market & Financial Investment News

News Breaks
April 25, 2014
09:24 EDTFITBFifth Third Bancorp downgraded at BMO Capital
As noted earlier, BMO Capital downgraded Fifth Third to Market Perform from Outperform. As reasons for the downgrade, the firm cited valuation and weaker performance by the bank versus its peers. Target to $23 from $22.
News For FITB From The Last 14 Days
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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)
January 27, 2016
11:27 EDTFITBOptions with increasing call volume
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January 25, 2016
10:09 EDTFITBFifth Third upgraded to Long-Term Buy from Neutral at Hilliard Lyons
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