Evercore Upgrades Fifth Third After Comerica Systems Conversion
Photo: TokenPost
After Fifth Third completed its Comerica systems conversion, Evercore ISI upgraded Fifth Third Bancorp (FITB) to Outperform from In Line. The firm’s view is that investor attention can now shift toward returns, operating efficiency and commercial-led balance-sheet growth. Evercore raised its price target to $60 from $57. It also lifted its earnings-per-share estimates to $4.18 from $4.14 for 2026, $5.10 from $5.03 for 2027, and $5.59 from $5.50 for 2028. Those figures are Evercore estimates, not Fifth Third guidance.
Source: TokenPost
