Fifth Third price target raised to $60 from $55 at Truist

Truist raised the firm’s price target on Fifth Third (FITB) to $60 from $55 and keeps a Buy rating on the shares after its Q4 earnings beat. The firm’s is cutting its FY26 EPS view by 10c to $4.18 however due to an earlier than expected close of Comerica deal and a higher 23% tax rate guided vs. its prior view of 22%, the analyst tells investors in a research note.