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      Bank of America Lowers Price Target for Fifth Third Bancorp

      Fifth Third Bancorp (NASDAQ: FITB) has been recognized as one of the 13 bank stocks offering the highest dividends. Recently, Bank of America (BofA) adjusted its price target for the bank, reducing it from $60 to $58 while maintaining a Buy rating on the shares.

      This adjustment is part of a broader trend, as BofA has decreased price targets across its regional bank coverage by an average of approximately 3%. The changes reflect ongoing assessments of the banking sector's performance and market conditions. Meanwhile, Goldman Sachs has reinstated coverage of Fifth Third Bancorp with a Buy rating, indicating a positive outlook for the bank's stock.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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