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Rating: FITB

Fifth Third Bancorp (NASDAQ: FITB) reiterated to Neutral by Citigroup

Wednesday,  Jul 22, 2015  10:25 AM ET by Dave Ficere

Citigroup reiterated Fifth Third Bancorp (NASDAQ: FITB) to Neutral. Previously Citigroup rated Hold with price target
$13 Fifth Third Bancorp (NASDAQ: FITB) on 02/25/2010, when the stock price was $12.21. Since then, Fifth Third Bancorp's stock price has gained 76% as of 07/22/2015's recent price of $21.52.

Fifth Third Bancorp is a registered financial holding company and a multi-bank holding company. They engage primarily in commercial, retail and trust banking, data processing services, investment advisory services and leasing activities. In addition, the company provides credit life,accident, health and mortgage insurance, discount brokerage services andproperty management for its properties.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.

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