Fifth Third Bancorp (FITB)

Fifth Third Bancorp Stock (FITB) dropped by 6.54% from $24.92 to $23.29 in the trading on Friday October 20, 2023. The reason why FITB stock down today is due to the price target cut by the analyst. RBC Capital cut the price target on Fifth Third Bancorp from $34 to $30. However, RBC Capital analyst Gerard Cassidy still maintained an Outperform rating on the stock following better-than-expected earnings for its third quarter.