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Fly News Breaks for April 6, 2016
FITB
Apr 6, 2016 | 09:21 EDT
As noted earlier, Sterne Agee CRT downgraded Fifth Third to Neutral from Buy. The firm says that the company's earnings are taking longer to rebound that it expected, while it faces "ongoing headwinds" to its revenue and expenses in 2016. The firm predicts that the company's results will come in below consensus estimates. Target to $18 from $19.