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Fly News Breaks for October 24, 2018
FITB
Oct 24, 2018 | 07:17 EDT
Nomura Instinet analyst Bill Carcache upgraded Fifth Third Bancorp to Neutral from Reduce while lowering his price target for the shares to $29 from $32. While further deal integration headwinds are possible in coming quarters, the shares adequately discount the risks following the recent underperformance, Carcache tells investors in a research note.
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