From TokenPost · · 40s
Evercore Upgrades Fifth Third After Comerica Systems Conversion
Evercore raises Fifth Third's stock target after Comerica systems conversion completes.
In brief
Evercore raises Fifth Third's stock target after Comerica systems conversion completes. Evercore upgraded Fifth Third Bancorp to Outperform from In Line after completing Comerica systems conversion, raising price target to $60 and earnings estimates for 2026-2028. Originally reported by TokenPost.
Evercore Upgrades Fifth Third
Evercore ISI upgraded Fifth Third Bancorp from In Line to Outperform after completing Comerica systems conversion.
Price Target and Earnings Estimates
Evercore raised price target to $60 from $57 and earnings-per-share estimates to $4.18 for 2026, $5.10 for 2027, and $5.59 for 2028.
Systems Conversion Completion
Fifth Third completed Comerica systems conversion moving 600,000 customer accounts and 293 banking centers across Arizona, California, Florida, Michigan, and Texas.
The bottom line
Evercore upgraded Fifth Third Bancorp to Outperform from In Line after completing Comerica systems conversion, raising price target to $60 and earnings estimates for 2026-2028.
