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Analysts Offer Insights on Financial Companies: Popular (BPOP), Fifth Third Bancorp (FITB) and SLM (SLM)

Tipranks - Sat May 16, 4:44AM CDT

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Popular (BPOP), Fifth Third Bancorp (FITB) and SLM (SLM) with bullish sentiments.

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Popular (BPOP)

Wells Fargo analyst Rob Rutschow maintained a Buy rating on Popular yesterday and set a price target of $165.00. The company’s shares closed last Thursday at $144.84.

Rutschow has an average return of 6.9% when recommending Popular. ;'>

According to TipRanks.com, Rutschow is ranked #5609 out of 12253 analysts.

Popular has an analyst consensus of Strong Buy, with a price target consensus of $171.22, representing a 18.9% upside. In a report issued on May 4, Bank of America Securities also maintained a Buy rating on the stock with a $163.00 price target.

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Fifth Third Bancorp (FITB)

Wells Fargo analyst Mike Mayo maintained a Buy rating on Fifth Third Bancorp yesterday and set a price target of $58.00. The company’s shares closed last Thursday at $47.70, close to its 52-week high of $49.07.

According to TipRanks.com, Mayo is a 5-star analyst with an average return of 17.5% and a 71.1% success rate. Mayo covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Bank of New York Mellon, and Goldman Sachs Group. ;'>

Currently, the analyst consensus on Fifth Third Bancorp is a Strong Buy with an average price target of $56.86, representing a 19.2% upside. In a report issued on May 9, TipRanks – xAI also upgraded the stock to Buy with a $55.00 price target.

SLM (SLM)

In a report released yesterday, Donald Fandetti from Wells Fargo maintained a Buy rating on SLM, with a price target of $30.00. The company’s shares closed last Thursday at $21.59, close to its 52-week low of $19.39.

According to TipRanks.com, Fandetti is a 5-star analyst with an average return of 9.7% and a 61.9% success rate. Fandetti covers the Financial sector, focusing on stocks such as Capital One Financial, Synchrony Financial, and PennyMac Financial. ;'>

Currently, the analyst consensus on SLM is a Moderate Buy with an average price target of $28.22, which is a 31.0% upside from current levels. In a report issued on May 6, TipRanks – OpenAI also upgraded the stock to Buy with a $25.00 price target.

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