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Analysts Are Bullish on These Financial Stocks: Robinhood (HOOD), Fifth Third Bancorp (FITB)

Tipranks - Wed Feb 4, 7:46AM CST

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Robinhood (HOODResearch Report), Fifth Third Bancorp (FITBResearch Report) and LendingClub (LCResearch Report) with bullish sentiments.

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Robinhood (HOOD)

In a report released yesterday, Gautam Chhugani from Bernstein maintained a Buy rating on Robinhood, with a price target of $160.00. The company’s shares closed last Monday at $89.91.

According to TipRanks.com, Chhugani is a 5-star analyst with an average return of 47.2% and a 56.4% success rate. Chhugani covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Coinbase Global, and IREN. ;'>

Robinhood has an analyst consensus of Strong Buy, with a price target consensus of $154.93, implying a 61.6% upside from current levels. In a report issued on January 26, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $130.00 price target.

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Fifth Third Bancorp (FITB)

TD Cowen analyst Steven Alexopoulos maintained a Buy rating on Fifth Third Bancorp yesterday and set a price target of $60.00. The company’s shares closed last Monday at $51.95.

According to TipRanks.com, Alexopoulos is a 4-star analyst with an average return of 2.7% and a 57.8% success rate. Alexopoulos covers the Financial sector, focusing on stocks such as Pinnacle Financial Partners, First Citizens BancShares, and Bank of New York Mellon. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Fifth Third Bancorp with a $56.62 average price target, implying a 14.6% upside from current levels. In a report issued on January 27, TipRanks – OpenAI also upgraded the stock to Buy with a $57.00 price target.

LendingClub (LC)

In a report released yesterday, Michael Diana from Maxim Group reiterated a Buy rating on LendingClub, with a price target of $23.00. The company’s shares closed last Monday at $16.86.

According to TipRanks.com, Diana is a 3-star analyst with an average return of 1.7% and a 53.4% success rate. Diana covers the Financial sector, focusing on stocks such as Westamerica Bancorporation, Abacus Global Management, and SLR Investment Corp. ;'>

Currently, the analyst consensus on LendingClub is a Strong Buy with an average price target of $23.63, implying a 41.7% upside from current levels. In a report issued on January 29, TipRanks – OpenAI also upgraded the stock to Buy with a $23.00 price target.

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