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Analysts Offer Insights on Financial Companies: Mastercard (MA) and Fifth Third Bancorp (FITB)

Tipranks - Thu Jun 4, 4:44AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Mastercard (MA) and Fifth Third Bancorp (FITB) with bullish sentiments.

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Mastercard (MA)

In a report released yesterday, Jason Kupferberg from Wells Fargo reiterated a Buy rating on Mastercard, with a price target of $668.00. The company’s shares closed last Tuesday at $477.68.

According to TipRanks.com, Kupferberg ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.4% and a 45.2% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, Automatic Data Processing, and Jack Henry & Associates. ;'>

Currently, the analyst consensus on Mastercard is a Strong Buy with an average price target of $636.95, representing a 29.2% upside. In a report released today, TipRanks – xAI also upgraded the stock to Buy with a $547.00 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 Tuesday at $50.31.

According to TipRanks.com, Mayo is a 5-star analyst with an average return of 17.8% and a 71.3% 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. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Fifth Third Bancorp with a $56.75 average price target, implying a 17.4% upside from current levels. In a report issued on May 27, Bank of America Securities also maintained a Buy rating on the stock.

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