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UBS upgrades Fifth Third to Buy on ‘best-in-class’ profitability

UBS upgraded Fifth Third (FITB) to Buy from Neutral with a price target of $57, up from $45. The firm sees the bank posting “best-in-class” profitability and growth in 2026. The market “wariness” over regional banks have prevented the positives from the Comerica (CMA) deal from being priced into Fifth Third shares, the analyst tells investors in a research note. UBS thinks the Street recognizing the bank’s “best-in-class” status will rive multiple expansion.

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