Fifth Third (NASDAQ:FITB) was downgraded by Bank of America/Merrill Lynch (NYSE:BAC) to neutral from buy with a price target of $16.50, as the stock price has increased by 19% since the summer and the firm believes the it may have gotten ahead of itself.
Shares are lower by about a tenth of a percent.
Home Depot (NYSE:HD) was downgraded by Oppenheimer (NYSE:OPY) from outperform to perform with a price target of $67, as the price of the stock has been approaching the previously set target.
Shares are lower by about eight tenths of a percent.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.